“I’m so bored. I hate my life.” - Britney Spears

Das Langweilige ist interessant geworden, weil das Interessante angefangen hat langweilig zu werden. – Thomas Mann

"Never for money/always for love" - The Talking Heads

Friday, September 21, 2012

The GOP wants to raise your taxes


I find the GOP strategy of alienating the 47 percent who pay no federal income tax rather puzzling. A family of four, husband/wife/two kids, now pays about a 5.6 percent efficient rate in income tax. This means that well over 47 percent pay from 0 to 5 percent. The number is surely well over 50 percent of the American electorate. In essence, the conservative paranoia that we now face a world of “takers” has already happened. It is not in the interest of those who pay 5.6 percent to have their taxes raised and their benefits cut. This is precisely the GOP policy. In fact, it is the end of a long GOP strategy on taxes that has worked well. The GOP has campaigned against taxes, and the medium household has been happy to vote for them on that principle. The GOP, that household has noticed, never really cuts ‘entitlements’ – not to the medium household. They are prevented by the Dems, to an extent, and by their own hypocrisy. But finally ideology is overcoming strategy, and the GOP is actually running on a plank to lower the taxes of the rich and to raise the efficient tax rate of middle income households. The Democrats, who are looking up their butt at a mirage deficit, seem to be lagging behind events. Romney’s video tape might wake them up. The GOP wants to raise your taxes. That should be the Dem mantra.

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