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highplainsdem's Journal
Posted by highplainsdem in General Discussion
Tue Apr 05th 2011, 04:41 PM
And if they don't make the right choice, taxing the rich more, they'll eventually destroy our entire society, because this society will not survive if it's run by tame politicians serving plutocrats blinded by greed.

Robert Reich made a strong case for raising taxes on the rich in his blog post yesterday:

http://robertreich.org/post/4344201496

Here’s the truth: The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.

Even if we got rid of corporate welfare subsidies for big oil, big agriculture, and big Pharma – even if we cut back on our bloated defense budget – it wouldn’t be nearly enough.

-snip-

If the rich were taxed at the same rates they were half a century ago, they’d be paying in over $350 billion more this year alone, which translates into trillions over the next decade. That’s enough to accomplish everything the nation needs while also reducing future deficits.

If we also cut what we don’t need (corporate welfare and bloated defense), taxes could be reduced for everyone earning under $80,000, too. And with a single payer health-care system – Medicare for all – instead of a gaggle of for-profit providers, the nation could save billions more.



The NBC/WSJ poll in late February showed that the vast majority of Americans -- 81% -- are aware that we need to raise taxes on the rich, and they're in favor of it.

http://www.msnbc.msn.com/id/41876558/ns/po...


We have an obvious solution to this budget crisis, a solution that's overwhelmingly popular with voters.

What we don't have, at this time, are enough politicians who are brave enough to frame the argument, bolster it with statistics, and REPEAT IT OFTEN ENOUGH AND LOUDLY ENOUGH to override the right-wing noise machine, which has in effect made taxing the rich the new third rail of American politics.

We've seen entirely too much compromise already. Continuing to compromise with the Republicans while they're the ones framing the debate might not destroy the Democratic base immediately, but it does lead to step-by-step destruction.

And for that matter, you can't have ANY hope of achieving a compromise that's in any way helpful to your side if you start out by letting the other side frame the debate.

It's time for Democratic politicians to return to traditional, populist arguments.

It's time for them to start reminding the public of what tax rates on the rich used to be, and emphasizing how much restoring those tax rates will help now.
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