Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Thursday, September 20, 2012

Debra Defends Romney on the 47% - with about 47% enthusiasm



Trying hard to justify Romney's blooper

Here she goes again. In today’s Chronicle, Debra Saunders, who I believe is secretly pulling out her hair by its roots over having to yet again, defend her boy Romney, as the good little Republican she is, uses some convoluted reasoning to tell us that Romney’s statement at that now infamous fundraiser, caught on video, and broadcast all over the internet and picked up by both the mainstream and the down stream media all week – and who took that video anyway and how did it find its way to Mother Jones I wonder?)  about 47% of Americans not paying taxes is “in the right neighborhood.” (Poor choice of words, as Romney’s neighborhood is on the other side of the tracks and up the hill from the people he purports to be talking about. I guess he has a good telescope to keep an eye on the peons below.)

While acknowledging it was a mistake to lump in the likes of senior citizens who have worked their whole life paying into the system, and now live on their meager Social Security, she says Romney “also hit on a truth: the percent of filers who pay payroll taxes for Social Security, but not federal income taxes has grown a lot.”

Taxes are taxes are taxes

Note:    Payroll taxes ARE income taxes. They come out of your income.  They go into a federal pot.  They may or may not be around to help you when you reach the age of retirement.  (Not, if Ryan/Romney have their way – they’d rather you put your money in the all mighty market and let the whims of economic forces, which the people who live in their neighborhood control, determine whether you get a pot of gold or potluck at the end of your working days). And only about 17% of people pay neither of these taxes. These include the elderly and the "working poor."


Saunders concedes Washington had good reason to provide some tax relief for the working poor, but parrots Romney’s belief that this somehow results in “over half of voters [supporting] any scheme designed to expand the federal government secure in the knowledge that they likely will not have to pay for it.”

Huh?  Where did that come from?   Over half the voters want the government to expand the government?  Which part of the government?  The military? I don’t think so.  Homeland security?  Probably not that either.   Maybe the part that builds roads and bridges, and puts out fires and catches criminals, and protects our air and water and food safety.    Those could all use shoring up.   But the part about not having to pay for it comes right out of the air. Or the Romney talking points.
The working poor pay taxes. Plain and simple. Stop lying about that.  Even if they get some federal breaks, they pay FICA, they pay sales tax, they pay property tax (and don’t tell me that if they rent, they don’t. Savvy landlords factor their tax load into that rent, and in poorest neighborhoods, abuses abound). And don't get me started on retires. They paid their whole working life into the system.  Do  Debra and her man Romney really expect us to believe these folks want more government without having to pay for it? 

The price of civilization

As Oliver Wendell Holmes famously said, “Paying taxes is the price of admission to a civilized society ”  (or some variation on that. In a legal opinion he said: "Taxes are what we pay for civilized society" and he is reported to have said (in a book by Justice Felix Frankfurter on Holmes' life) to a young secretary:  "I like to pay taxes. With them I buy civilization." 

What kind of society do we want?  Do we really want only pharmaceutical companies researching drugs to cure diseases? Do we want private toll roads?   Private fire departments?  Sick people too poor to pay for private insurance or private doctors, spreading germs to all?  Kids too ignorant to get any kind of job because their parents can’t send them to the private schools?  Or maybe we do. Maybe we want kids to work in factories for a pittance, like Romney saw in China, where the barbed wire is to keep people out, because a pittance looks good when you’re starving on the street.

The big lie - Tax cuts for the rich create jobs

And one last point. Debra lambasts the Obama proposal for increased taxes on the rich, reading from her Republican playbook, that to do so would “give business another reason to sit on their capital instead if hiring new workers.” Well, Debra, or someone, anyone, please show me the jobs, created in this country because of the Bush tax cuts.  Where are they, what are they?  According to one report by Forbes writer Rick Ungar (admittedly calling himself the "token leftie, much as Debra refers to herself as the "token Republican") in July of this year, during the Bush years, the increase in employment in the United States was between 4.5 and 7%.   That's a lot less than in the years without major tax cuts for the wealthy. So much for "job creators." 

As Ungar says:  Putting more money in the pockets of the wealthy may create a few jobs for the foreign bankers who get to count the extra money funneled into into the off-shore accounts of the rich, but there is nothing in the way of actual data to support the notion that putting more money into the pockets of the wealthiest Americans will inure to the benefit of those looking for work.



Wednesday, September 05, 2012

Poor Little Desperate Debra Saunders

Really Reaching Saunders:

Poor Debra Saunders, she's getting a little desperate this week.  It must be tough being a Republican in a Democratic Town, but she gets a column in the San Francisco Chronicle at least twice a week, and more this week.  (One of these days they'll get around to firing her and hiring me, or at least inviting me to post my blogs as a counter point, but I'm not holding my breath.)  First there was her column taking the Democrats to task for saying that the Republican's (Mitt's) economic plan was to give tax breaks to the wealthiest Americans while taxing the middle class more to pay for it.  Well, says Debra there's no evidence for that. The Dems just use the analysis provided by the Tax Policy Center.  

Well, Debra, where's your evidence that it's not true?  She doesn't cite a single reference for her supposition. What the Tax Policy Center did was analyze what they know of Mitt's plan pointing out they have to take what he says and make assumptions based on that because "Governor Romney has not offered a fully-specified plan. He has been explicit about the tax cuts he has in mind, including a one-fifth reduction in marginal tax rates from today’s level, which would drop the top rate from 35 percent to 28 percent and a cut in capital gains and dividend taxes for families with incomes below $200,000. He and his team have also said that reform should be revenue-neutral and not increase taxes on capital gains and dividends. But they have not provided any detail about what tax preferences they would cut to make up lost revenue."

Such a revenue neutral plan would logically "reduce taxes for high-income households, requiring higher taxes on middle- or low-income households. I doubt that’s his intent, but it is an implication of what we can tell about his plan so far." Understanding TPC’s Analysis of Governor Romney’s Tax Plan by Donald Marron.

Even Debra was forced to admit that Romney was vague about his policies, and that the Tax Policy Center's assumptions were logical given the information provided.  But, she continues, Romney would never raise taxes on the middle class.  Don't hold your breath.

Pro-life Saunders:

In today's column, she asks "where are the pro life Democrats."  Newsflash for Debra, we are all pro-life. We are also mostly pro-choice.  As in women should be able to make their own choices about their own bodies. It's not one or the other.  The anti-choice crowd calls themselves pro-life, but they are for the most part, anti-life, after that life is a born human being anyway.

Easy to love the fetus. No muss, no fuss.  No cost except for pre-natal care, which the I'm not sure how the Republicans feel about paying for for poor women, but I can guess.  Obamacare, as we are all now calling it, is a truly pro-life program.  Just ask that mom of the little girl with the heart condition who won't be kicked off her insurance plan by the time she's five - unless Romney is elected.  

Two Faced Republicans

I guess flip flopping and contradictions are natural to Republicans. Romney was for Obamacare, when it was called Romneycare, and he instituted it in Massachusetts, before he was against it, and Paul Ryan, who is ready to disembowel Obamacare if he and Romney are elected, in 2010 requested a grant that would be funded from that program for his own State.  What's that old song from the cold war era - the era the Republicans want to take us back to?  Oh yeah, "Two Faces Have I"