Senate GOP Shits On Middle Class Americans
Matt | On 05, Dec 2010
The Senate Republicans will go to any length to keep the rich richer and the door shut in the face of the working man.
The ‘Party of No’ has yet again served their financial pimps masters by making sure that the richest Americans continue to benefit from the Bush-era tax cuts. Meanwhile, the federal government is doing back-flips in its own debt, but continues to axe a key revenue source to tackle the debt. Yep, it’s ass-backward and makes no damn sense.
In a special Saturday session of Congress yesterday, Senate Republicans filibustered two bills that would have offered some tax relief to middle-class Americans. The first bill would have given a tax cut to anyone making UNDER $250,000/year and taxed everything above that. The second bill was designed to raise the tax deduction income amount to $1 million, essentially “expanding the middle class,” and tax everything above that. Republicans said HELL NO to both of those.
Oh don’t worry … the GOP had help from Democrats. Sens. Jim Webb (D-VA), Ben Nelson (D-NE), Joe Manchin (D-WV), Russ Feingold (D-WI), and Joe Lieberman (I-CT) voted WITH Republicans on the first bill. Sens. Jay Rockefeller (D-WV), Dick Durbin (D-IL), Tom Harkin (D-IA), Joe Lieberman (I-CT) and Russ Feingold (D-WI) signed on for the second bill.
I could perhaps see a vote against the second bill, but the first one makes no sense. The GOP already put their foot down and said they are not budging on getting rid of Bush-era tax cuts for the wealthy. But, to take away tax cuts from poor people and give them to rich people makes no sense. AT. ALL. The rich people can afford to pay the taxes!!
Our country is in some dire financial straits right now. No one has adequately explained to me how tax cuts for the rich during a recession and an era of severe deficits HELPS the economy. It just doesn’t add up.
GOP supporters always say that the rich are the job creators and more taxes would hurt that job creation. Well, if they are such great job creators, then why the hell is federal unemployment at 9.8% for November? That month was still covered by the Bush-era tax cuts. The uber-rich clearly missed the boat creating a few jobs. They have long been riding this “job creation pony,” but good work has been shipped away to the lowest possible bidder overseas.