If you’re an American, you’ll know that unless the Republicans in Congress and President Obama reach a deal, the U.S. will go over a “fiscal cliff” at midnight, triggering huge tax increases for nearly all Americans (an average of $3400 per family) as well as huge spending cuts. They abhor Obama’s proposal to raise taxes on all Americans making more than $250,000, while leaving tax rates on lower incomes pretty much untouched.
As the New York Times reports, the Republicans are recalcitrant, for they want the rich to keep their largesse while the poor and aged take the hit:
In seesaw negotiations, the two sides got closer on the central issue of how to define the wealthy taxpayers who would be required to pay more once the Bush-era tax cuts expire.
But that progress was overshadowed by gamesmanship. After Republicans demanded that any deal must include a new way of calculating inflation that would mean smaller increases in payments to beneficiaries of programs like Social Security, Democrats halted the negotiations for much of the day.
I’m fed up with Republicans, a bunch of greedy jerks whose overriding concern is to avoid reducing the incomes of the very rich. For crying out loud, our tax rates are among the lowest among first-world nations, and those who make more than a quarter million dollars a year can easily afford to pay a bit more. Instead, Republicans, like small children who don’t get their way, are threatening to hurt everyone, and to throw the country into a recession.
Republicans are immoral—at least those who favor a plan that hurts the poor while protecting the wealthy. (It resembles those Catholics who would rather have people get AIDS than use condoms). The poor and middle classes are stretched already, and $3400 a year is a huge bite. How can these people look themselves in the mirror and feel that they’re doing the best for America?
The television news this morning reported that Obama may raise the “rich” level to $400,000 a year, which is ridiculous.
If this country goes down the tubes, blame the Republicans who are guarding their bank accounts—and all the misguided people who voted for them.
Let’s just admit it: the Republican party doesn’t give a damn about the poor, the aged, the dispossessed—and women. This is one reason why America remains so religious.