Sam Pizzigati: The Right’s Pushback Against Taxing the Rich
The rising public clamor for higher taxes on America’s wealthy has conservative ideologues uneasy. For good reason. They don’t have the numbers on their side. Or history either.
The rising public clamor for higher taxes on America’s wealthy has conservative ideologues uneasy. For good reason. They don’t have the numbers on their side. Or history either.
The next time you read a story about some politician bemoaning that “there’s no money” and “we have to make cuts,” just point to artful tax dodgers in our midst.
Lavishly paid corporate executives, flush with tax-deductible taxpayer dollars, have plenty of reason to relish the right-wing assault on ‘overpaid’ public employees. But we can wipe that grin off their faces.
Mega-millionaire residents of Manhattan’s finest luxury towers pay less of their income in federal taxes than the janitors in their towers do. Once upon a time, we had a law that discouraged that distinction.
It’s federal budget time, and they’re talking 1950s on Capitol Hill. Well, sometimes we can move forward by turning the political clock back. But we have to know exactly where to stop.
How can a civilized nation afford to hand the heirs of the super-rich billions of dollars tax-free and not afford to keep teachers in classrooms?
It nests with corporations, squawking for tax breaks, bailouts and military contracts that have little to do with national security.