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View Diary: Abbreviated pundit round-up: It's not the Republican message that is a fault, it's the Republicans (29 comments)

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  •  Moving the tax burden (9+ / 0-)

    onto labor and off capital is supposedly good economics these days.
      Adam Smith and David Ricardo would disagree.

    ¡Cállate o despertarás la izquierda! - protest sign in Spain

    by gjohnsit on Mon Jan 28, 2013 at 05:11:28 AM PST

    •  Proposed also in N. Carolina (7+ / 0-)

      The only way this makes sense politically is that people think it's radically anti-tax to eliminate personal income tax AND corporate income tax (becuz Jobz), not understanding how there will still be taxes, and they will now fall on everything people buy, and the RATES WILL INCREASE. Here they want to tax food, too.

      It's as regressive as it gets.

      You get what you deserve, even if you don't deserve it (Issan Dorsey, Zen teacher)

      by kayak58 on Mon Jan 28, 2013 at 05:22:42 AM PST

      [ Parent ]

      •  It is the Fair Tax (3+ / 0-)
        Recommended by:
        gjohnsit, kayak58, tb mare

        nonsense in a new suit.  

        Everyone! Arms akimbo!

        by tobendaro on Mon Jan 28, 2013 at 05:29:31 AM PST

        [ Parent ]

      •  And in Kansas (2+ / 0-)
        Recommended by:
        kayak58, squarewheel

        Brownback has a new teabagger legislature and so far, besides slashing business taxes to zero, then deciding not to roll back the "temporary" sales tax hike, we have also heard that Brownback wants to end the mortgage interest deduction and the property tax deduction, and slashed education funding so deeply that a judge has ordered him to restore the cuts.
        Since he believes that all these tax cuts will magically grow state revenues, he has ignored the fact that all these tax cuts will put us in a $2 billion hole by 2018.
        And there's more!

        Brownback’s plan eliminated a food tax break for low-income Kansans and other tax credits that benefit children and the poor, all to give the wealthiest Kansans more than $20,000 per year in tax breaks. Taxes on the poorest residents will go up nearly $150 a year, according to the Institution on Taxation and Economic Policy.

        The plan is likely to cause cuts to education and other social services that help the poor, even though Brownback and the Republicans who voted for it insist it will actually stimulate the economy and drive job growth. That is unlikely though, as another study published this week found that high-income tax cuts don’t stimulate the economy.

        http://thinkprogress.org/...

        “We are not a nation that says ‘don’t ask, don’t tell.’ We are a nation that says ‘out of many, we are one.’” -Barack Obama

        by skohayes on Mon Jan 28, 2013 at 06:51:57 AM PST

        [ Parent ]

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