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View Diary: Noun, Verb, Police State (237 comments)

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  •  Indeed, that's a real issue. (0+ / 0-)

    Possibly the biggest, although I'd argue that the slide of America into a total surveillance state rivals it in importance.

    But pray tell me, what has President Obama done about inequality, either?

    Did he veto the extension of the pro-ultra-rich Bush tax cuts? No.

    Did he veto the sequester that disproportionately impacts services to the poor? No.

    Has he offered up Medicare and Social Security to the right's insatiable services-cutting agenda? Hell yes!

    President Obama is a bigger Paulite than George W. Bush - at least Bush didn't offer Social Security up on a platter! Thank $deity that the GOP are too dumb to take "yes" for an answer, or else Social Security would become yet another casualty of the neoliberal policy consensus.

    "Violence never requires translation, but it often causes deafness." - Bareesh the Hutt.

    by Australian2 on Sun Jul 07, 2013 at 08:34:55 AM PDT

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    •  Umm... (0+ / 0-)

      the Bush tax cuts were made permanent in PART. The "ultra-rich" now pay a higher rate.

      Look up "American Taxpayer Relief Act of 2012". Top marginal rates went up for over 400k individual, 450k married filing jointly. Long term cap gains went from 15% to 20%.

      There's more.

      •  And if it had been vetoed, (2+ / 0-)
        Recommended by:
        Brecht, CenPhx

        the threshold would be $250k, not $400k. And capital gains would be taxed at a significantly higher rate.

        The latter is more important, as the ultra-rich derive almost all of their income from dividends & capital gains. Had Obama held firm, those giveaways to the have-alls would have expired in their entirety. Instead, the 0.1% get to roll in it - perhaps not quite as much as during the Bush years, but far, far more than if Obama had simply done nothing.

        "Violence never requires translation, but it often causes deafness." - Bareesh the Hutt.

        by Australian2 on Mon Jul 08, 2013 at 04:28:45 AM PDT

        [ Parent ]

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