Thursday 9 December 2010

Tax the Rich

As the students gather in a last ditch attempt to change MPs minds, it is sad to relate how little real opposition there is. All three major parties have clambered into bed with high finance and mega corporations. There is a vacuum where an alternative view should be. 
The rich are brilliant at protecting and enhancing their interests. Nowhere can this be seen to better effect than in the good ol’ US of A.
“Just a day after President Barack Obama met with Republican leaders and came out talking of a new era of co-operation, Republican senators united around Mitch McConnell to sign a letter declaring they would pass no legislation without movement on extending the Bush tax cuts for the wealthy.
That legislation they are willing to scupper includes extending unemployment benefits for millions of jobless Americans, still suffering the terrible hangover of the Great Recession. The tax cuts the Republicans are really fired up over will benefit only the top 2% of Americans.
To put it even more simply: Republican leaders are happy to go virtually on strike in order to win a tax cut worth billions of dollars for America's most wealthy people (which includes themselves and many of their top campaign donors). At the same time, they are willing to deny help to America's most vulnerable; standing by as once middle-class people lose their homes as their benefits disappear.
The Republicans are fond of using tough language about Obama. They call him an extremist and a socialist and a revolutionary. Well, perhaps some of that tone should be used back at them. This Republican strategy is not about politics. It is about class war: waged by the rich against the poor.” Guardian Online 2/12/2010
Obama agreed to their demands yesterday. In order to help the poor in America, the very wealthiest must be made even wealthier. It is truly appalling. Government by the rich for the rich.
Politicians talk tough about Banker’s bonuses but do very little. Our value system is cock-eyed. All young people should have the opportunity to push their talents to the highest level. The State should fund this investment in our future. 
Tighten up on tax avoidance and evasion, introduce the ‘Robin Hood tax’ on financial transactions and tax the rich. Problem solved.

1 comment:

  1. Hope Obama can handle WL Change?
    We NEED transparency for our global society that we created an cannot control.To many crises.
    We'd never gone to Iraq if we read the cables first? Can gov. cut own flesh and downsize coldwar min. of foreign aff./CIA that cost as much as public health care. Wars ? Environment ? The public and is needed to get involved to let our global society survive.
    How can a few wise leaders alone solve complex global issues pending ?
    If democracy fails, the only solution is More democracy. Know It's a hard path, but harder for our totalitarian enemies. E-vote(power), not E-commerce(money) that changes our world, stupid!

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