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Why Are the Republicans So Opposed to Tax Increases for the 1%?

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Galraedia Donating Member (322 posts) Send PM | Profile | Ignore Fri Oct-14-11 09:26 PM
Original message
Why Are the Republicans So Opposed to Tax Increases for the 1%?
Edited on Fri Oct-14-11 09:27 PM by Galraedia
"The Republican cognoscenti know that we have a lower tax burden now than we've had since Truman was president. They know that billions in subsidies to big oil are very unpopular, even within their own party. They know that tax breaks for corporate jets make no sense to the American voter when teachers are being laid off. They know full well that during the recent debt ceiling debate, polls repeatedly showed that a majority of Republicans agreed that any debt deal should include tax increases on the wealthy.

But the Republicans in Congress would stand for none of it. Now, why is that? Are the Republicans so beholden to the Tea Party extremists that they will ignore the wishes of most of their voting base? Are they so blind to the polls? Certainly not! The Republicans are not stupid, they are quite well aware of all these. But that again begs the question: why would they ignore all the polls and stick unwaveringly to positions that are unpopular within their own party? The answer's easy: it's all about power.

America suffered with the Great Depression for three years under Herbert Hoover, and came out of it under FDR. Conservative historians argue (from a position of ignorance) that FDR prolonged the Depression. But the fact remains that FDR pulled us through the Depression and through WWII. America also remembers clearly that by the end of the Clinton era, we were running a budget surplus that would have paid off our entire national debt by 2012. They also remember what happened in the Bush years that followed.

So what would happen if President Obama were successful in pulling us all the way out of the great recession, and were somehow able to bring our budget even close to a surplus once more? If he did, in all upcoming elections the Democrats would have a nearly unbeatable talking point in that they would be able to show America what happens when Republicans have control, and how the Democrats had to be the ones to put out the fire, so to speak. Oh, the conservatives would try to explain away every little point, but they would not be able to overcome the obvious simplicity of:

Hoover - Great Depression
FDR - out of Great Depression
Reagan/Bush - huge deficits
Clinton - surplus
Bush - huge deficits, great recession
Obama - out of great recession, greatly reduced deficits

So when the Republican politicians and pundits claim that Obama must fail, their real meaning becomes crystal clear. Indeed, what incentive do they have to help Obama bring fiscal sanity to America when by doing so they would be cutting the political throat of their own party? No, the Republicans have no intention whatsoever of bringing America's economy back to solvency.

At least, not while there's a Democrat in the White House."

Source: http://blogcritics.org/politics/article/why-are-the-republicans-so-opposed/
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 09:33 PM
Response to Original message
1. Its what Dems need as part of success; POTUS wants it.
Edited on Fri Oct-14-11 09:40 PM by elleng
Self-centered sociopaths.

When history books are written, IF they are written truthfully, they will state that todays repugs scuttled U.S. and world financial health MERELY for power.
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socialindependocrat Donating Member (379 posts) Send PM | Profile | Ignore Fri Oct-14-11 09:51 PM
Response to Original message
2. Vote Out the Do-NOTHINGS
Last year I sent a note to President Obama, Joe Biden and Nancy Peloci (I couldn't get an e-mail for Boehner because I wasn't in his district - so much for his wanting to communicate with the people).

Anyway, what I said was that our elected officials needed a mission statement to be read before each meeting that said, Their purpose is to make everything they do should make life better for all Americans.

They are doing NOTHING for the $180,000 we pay them each year and some of them have the audacity to say right out on public TV that their sole purpose is to make President Obama a one term president. WHAT ARE WE PAYING THESE PEOPLE FOR?????

MY FEELING IS THAT IF ANYONE IN THE MIDDLE CLASS CAN'T SEE THAT WE NEED TO VOTE OUT THESE IDIOTS THEY SHOULD BE COMMITTED TO A MENTAL INSTITUTION!!!

We need to take back the power of the 99% and get things back on track toward the attainment of the American Dream!!!!

Truth is - no matter how much we tax some people they will still try to make more and more money.

I don't see how taxing the rich is going to hurt. They know they have made gobs of money starting back in the 1980s.
They have accrewed a lot of money. By raising their taxes we aren't going to drain their bank accounts.

We've started the drive - We need to keep the momentum going and drive this thing to an endpoint!!!!
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Galraedia Donating Member (322 posts) Send PM | Profile | Ignore Fri Oct-14-11 11:28 PM
Response to Reply #2
4. I wish we could send some of them to the mental institution.

Have you seen some of the comments the Teapublican supporters make? They want to end the EPA, USPS, Medicare, Medicaid, Social Security, and even the DEPARTMENT OF EDUCATION! Basically they want to literally destroy the safety net that was meant to protect us from another great depression. And for some weird reason they keep going on about a Muslim leader and they keep calling everyone who disagrees with them a "socialist".
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victoryparty Donating Member (416 posts) Send PM | Profile | Ignore Fri Oct-14-11 11:33 PM
Response to Reply #4
5. They learned a lot from...
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canetoad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 03:50 AM
Response to Reply #4
9. I love it when the home psychologists
make their free and uninformed diagnoses.
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Cheap_Trick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 11:02 PM
Response to Original message
3. The 1% owns their asses.
Lock, stock and pork barrel.
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ladjf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 11:05 AM
Response to Reply #3
14. Your statement is 100% true. The question is, what can be done
to reverse that situation? nt
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Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 11:34 PM
Response to Original message
6. A tea partier can earn $60K and dream they'll hit the lottery
Many tea partiers are actually in the $100-200K income range. Why they identify with the $5-20mil and up per annum crowd I can't figure out. But they do. They must be delusional.
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EdMaven Donating Member (290 posts) Send PM | Profile | Ignore Sat Oct-15-11 02:29 AM
Response to Reply #6
8. That income zone is the buffer class between the proles & the rulers.
They typically run their own communities & are linked to the higher-ups in various ways, some direct, some indirect.
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Major Nikon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 11:45 PM
Response to Original message
7. Most aren't
From the polls I've seen, even the majority of the tea baggers support raising taxes on very high income earners.
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toddwv Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 04:16 AM
Response to Original message
10. Supply-side economics has proven to be an abyssmal failure.
Well, unless you count the HUGE wealth gap that it has created...
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Unrepentant Fenian Donating Member (707 posts) Send PM | Profile | Ignore Sat Oct-15-11 06:11 AM
Response to Original message
11. I don't know, maybe it's because they're clueless... n/t
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blkmusclmachine Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 06:28 AM
Response to Original message
12. GOP 100% subsidiary of TBTF:
DEM's only 98.9% subsidized.
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-15-11 07:21 AM
Response to Original message
13. Republicans like to have a flat tax. . .
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