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Return of the reverse Robin Hoods!

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Louisiana Republican Governor – and potential 2016 presidential candidate – Bobby Jindal is pushing tax reform in his state. And, as you’d expect – it’s the sort of tax reform that gives the super-rich a hefty break – while raising taxes on the poor. Jindal wants to get rid of personal income and corporate taxes – and replace them with a higher sales tax.

According to an analysis by the Institute on Taxation and Economic Policy, this plan will raise taxes on the poorest 80% of Louisianans, while cutting taxes for the top 1%. To break it down, Jindal wants to hit the poorest 20% of taxpayers in his state with $395 a year in new taxes.

The middle 20% would be hit by $534 in new taxes. But the richest 1% would get a not-too-shabby tax cut of more than $25,000. This is trickle-down economics on steroids. And it demonstrates what billionaire Leona Helmsley once said, “We don’t pay taxes. Only the little people pay taxes.”

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Enrich the rich and take from the poor. The Republican playbook.

Phaedrus76's picture
Phaedrus76
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Sep. 14, 2010 8:21 pm

Um... For those, like Thom, who have not actually read the Robin Hood books. The people were being taxed too much. The people were poor, destitute, and starving, as the Government (the king and his tax collectors) took more and more from them. Along comes this hero of the people that takes money away from the government and returns it to the people.

That is a very short version, but you get the gist. Robin Hood saved the common folks from oppressive taxation. Funny that Thom would use him as a reference.

Paleo-con
Joined:
Jul. 31, 2007 4:01 pm

Yes, and a reverse Robin Hood comes along and steals the tax monies from the govt and give-a-fies them to the rich, see?

Phaedrus76's picture
Phaedrus76
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Sep. 14, 2010 8:21 pm

The easiest way for Jindal to fool the people and get massive support would be to simply change his party affiliation - the actual policies don't matter - only the color of the uniform.

Anyone who thinks that the Obama admin isn't a trickle down Robin Hood for the rich has missed the obvious right in front of their face.

Letting homeowners twist in the wind while bailing out the banksters and giving them a free pass - austerity as the preferred mode to balance the budget. Aka making the marginalized pay for the sins of the wealthy. Wealth redistribution.

Frankly we in the United States enforced Austerity and Robin Hood for the Rich at the point of a gun around the world for decades - now the easy pickings are done and the jackals of the .01% are bringing the perfected process home to America.

Bipartisanship at it's finest!

Scappoose's picture
Scappoose
Joined:
Mar. 30, 2012 7:49 am
Quote Phaedrus76:

Yes, and a reverse Robin Hood comes along and steals the tax monies from the govt and give-a-fies them to the rich, see?

In the time of Robin Hood, the rich and the Government were one in the same. A reverse Robin Hood would steal from the poor tax payers and give to the Government. See? This does not appear to be what is being proposed at all.

Paleo-con
Joined:
Jul. 31, 2007 4:01 pm

Actually, it isn't government doing it. It's those who control the strings of government. Government is just a useful puppet they hide behind.

"They rule without appearing to" - Sheldon Wolin, Princeton.

Robin Hood probably save the King's head from rolling...like his cousin's head in France did.

When enough is enough...it erupts in a quick shock. It's never expected. The 1/10th of 1% should probably keep that in mind....with jets and yaughts at the ready if they're going to keep going this route.

Retired Monk - "Ideology is a disease"

polycarp2
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Jul. 31, 2007 4:01 pm

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