Buffalo Boy's Blog
Giving You More Than Just My Two Cents
taxes: July 2010 Archives
Big Eddie- Let the Tax Cuts Expire
I love Ed Schultz, he tells it straight on his show and is all for the middle class and working poor of this country. He also talks about issues that no one else is touching namely the fact that not only do the Bush tax cuts need to expire on the wealthiest 2% of this country, we need new labor laws that will keep manufacturing jobs in this country.
Who else touches that topic. The free trade agreements this country has made are KILLING US. You want to know why there are no jobs you can go back to Reagan, Bush senior, Clinton and Bush Jr. for continuing free trade. We need to start taxing goods from other countries and provide benefits to good made here.
Manufacturing jobs have bled from this country because of free trade because labor overseas is so dirt cheap and they can ship those goods here with no tariffs or taxes and we buy them cheaper, end result? Jobs outsourced.
Add to that, the fact that there is no transparency with how coorporations spend their money on our politicians which means the rich coorporations foreign or domestic will own our politicians, the middle class? Piss on us, what politician will listen to the middle class. Coorporations can outspend any labor union and not have to disclose what politician they bought off.
Nothing has been done about the supreme court ruling from this past winter and here we are inside 100 days before the mid terms. Its a scary thing. The top 2% own 83% of the stock in this country. 66% of the wealth belongs to the top 2%.
The most perplexing thing is talking to the repukes who will make you think that these are massive tax increases on everyone, the most massive tax increase ever...whoa scary stuff and gets most people to believe in that. Its not a huge tax increase on anyone other than the top 2% earners in this country, its massive because that is where all the wealth is. You want to create jobs? Get that money flowing through the public pipes. That keeps teachers employed, saves social security and medicare and helps with spending on much needed infrastructure repair that this country needs desparately.
The tax increase? From 36 to about 39%. Do the repukes seriously want us to think that the wealthy paying an extra 3% in taxes is going to kill anyone in this country? Prove that keeping it the way it is is going to create one job....so far it hasn't. And it didn't under Bush either.
Big Eddie talked it up today:
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