by Scott Creighton
UPDATE: Ok. Now that I am done with the Malala psyop story, let me explain my stand on this. Yes, we need to increase the tax rate on the upper 1% at least to the level it was at during Reagan and Bush days. We also need a good sized transaction tax leveled on Wall Street trades. That would tend to slow down the computer trading I think and certainly help the economy, the real economy, not the artificial one dedicated to “growth’ as opposed to people.
Now, that said, take this into consideration: if we had another 2 trillion dollars in the tax base right now, right at this very moment, what would happen?
Do you think the congress and the dems/republicans would do one single thing differently? Do you think they would stop breathlessly screeching over the manufactured debt monster?
Would they suddenly put money back into REAL public education (not the for-profit model Obama and Bush seem to love) and libraries and parks and public services and infrastructure?
No. They wouldn’t.
That money would be appropriated by the military industrial complex, the intelligence industrial complex, the prison industrial complex or the for-profit education industrial complex. It wouldn’t help at all. The “fiscal cliff” would still loom on the horizon.
Because, and I want to make this very clear… ITS NOT ABOUT THE DEFICIT… ITS ALL ABOUT CHANGING THE SOCIAL PACT THE PEOPLE HAVE WITH THE GOVERNMENT… so more money being put into the system does nothing in fact until we change the kinds of people who decide what to do with it.
“Taxing the 1%” as a campaign is a distraction! It’s being set up to provide the fake left with another bullshit “victory” for Obama like the insurance company bailout bill (Affordable Care Act) was.
There will be a “compromise’ which will include a higher tax rate for the 1% and fake lefties all across the “interwebs” will use that as proof that Obama “stuck it too them” but just like the so-called banker reforms from a couple years ago, it will be full of loop-holes and designed backdoor escape hatches which the high priced tax attorneys for the mega-wealthy will use to keep from paying more this year. And as has already been exposed, part of the deal will be a roll-back of that higher rate next year leaving the new loop-holes of course.
I’m not saying the people behind this campaign understand this aspect of it. They probably have good intentions.
But the problem isn’t not having enough money in the system, the problem is the prioritization of what they do with what they have. Some feel good minor tax increase on the super wealthy isn’t going to fix that… and in fact, it will take energy away from the struggle that needs to be fought.
That’s all I’m saying.
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(This is a pretty good effort, but I will be writing later about how the “tax the rich” movement isn’t actually in our best interests. Yes, I know… I said it… )
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