From Think Progress: McCain Adopts ‘Entire’ Norquist Agenda, Will Double The Bush Tax Cuts
So what will McCain's plan do for the middle-class families left behind by the Bush administration all these years?
According to a new analysis released today by the Center for American Progress Action Fund, McCain’s new proposals would do the following:In other words, McCain won't do a thing for the middle-class. McCain=Bush=McSame.Double the size of the Bush tax cuts, costing more than $2 trillion in their first decade. Do virtually nothing for the middle class: only 12 percent of the tax cuts will go to the bottom 80 percent of households, while 58 percent will go to the top 1 percent of households. [emphasis mine] Follow Norquist’s blueprint that’s been called a “stealth approach to tax reform” – and that aims to abandon progressive taxation in favor of a wage tax imposed mainly on low- and middle-income households.
6 comments:
You can't fight a hugely expensive war without raising taxes to pay for it. But republican candidates know how dear the red states hold the no-new-taxes war cry, and are willing to sacrifice the welfare of the country to tell the rabid right what it wants to hear.
Hagee. Parsley, Grover, McCheney certainly gets endorsements from some funny named people.
In other words, McCain won't do a thing for the middle-class. McCain=Bush=McSame.
Norquist is such a tool. It's surprising that anybody buys the bullsh*t that comes out of his mouth anymore.
Thanks for all the comments. I'm sorry I haven't been responding in a timely fashion. I blame that on a combination of burnout, laziness and spring fever, which I'm sure most of you understand.
McSame indeed!
kvatch,
Norquist is the Bosch of tools.
kathy,
Burnout...I certainly feel your burn...
I agree. McCain will just continue the last 27 years of trickle down economics. The American people deserve better.
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