The Republicans have said the proposed minimum tax rate for millionaires is "class warfare" that "punishes job creation." OK. So what about this picture do they think is wrong?
Tax rates are as low as they've been in sixty years, we've been through a decade of deregulation that is partly to blame for the worldwide economic meltdown, corporations are sitting on trillions of dollars in capital, and the "job creators" are getting wealthier -- poised to use that wealth for the greater good.
Conditions are ideal. There has never been a better time for an economic boom.
Why, then, is unemployment so high? Where are the jobs conservative dogma says should have been created? And why, after having promised to do so when elected, have Congressional Republicans declined to introduce any jobs legislation to take advantage of the conditions?
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Chet's occasional thoughts on topics of interest.
About Me
- Chet Ramey
- Cleveland, Ohio
- An outspoken progressive in a conservative community.