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Wealthy elites in House and Senate
pass “Robbin’ the Hood” bills!

- Almost $50 billion to be taken from poor, given to us!

- In time of record profits – Bush scoffs at tax increase for Big Oil, promising veto if not removed

- Cuts on Capital Gains in jeopardy if stubborn Dems have their way.

We've always been leery of the Robin Hood legend. Such ideas set a bad precedent and values base for future voters. Every good Republican and Billionaire wannabe knows that Robin Hood was, in fact, a terrorist. Stealing from the rich and giving to the poor is balderdash!! Like we did with Monopoly (taking the anti-capitalist Quaker game and turning it into the perfect vehicle to establish greed as a valuebase in children), We’ve done what we could to make Robin Hood less of a billionaire Nemesis by turning him from a yeoman into a wronged nobleman fighting for justice, but the legend is still a bad role model for kids.

So, it was in his name that the House and Senate heeded President Bush’s call and passed separate versions of what we’re calling the “Robbin’ the Hood” budget bills. Apparently the people who actually need programs like food stamps, student aid and Medicaid would like to keep them. (who knew?). But Americans need to understand that this budget cut is about simple math – you can’t give $70 billion in tax breaks to the wealthiest Americans without cutting at least $54 billion from somewhere; gutting services Billionaires don’t use only makes sense.

$ Bush vows veto unless $4.1 billion dollar tax increase on Big Oil is removed – Because unprecedented profits in all of corporate history at a time of record deficits and cuts on services for the poor, working and middle class is no reason that we should have to pay more.

$ Capital Gains cuts also on the table – Republicans vow to continue lowered rate for the wealthy “one way or another”.
Despite the fact that "Americans" may be cooling to the idea of tax cuts for the rich while the poor,young and disabled are hurt, we will not rest until all taxes on wealth are eliminated. The Capital gains tax, (i.e. "a tax assessed on profits realized from the sale of a capital asset, such as stock"), is one good example. George Bush cut those tax rates down to 15% in 2001. That was a good start, but we need to eliminate them all together; just because we control 90% of the wealth in America, doesn’t mean we should be asked to support things we don’t use like public education, the highway system, food stamps, financial aid and Medicaid. Taxes may be an investment in America and the public good, but we’re doing just fine with our own investments elsewhere, thank you.
Tax wages, not wealth!

$ It pays to subvert Democracy
“Publicly, Republican members of the Senate Finance Committee who have been pushing for the extension say they'll get it one way or another.”

Quoted in various reports, including Tax Notes, a daily publication from publisher Tax Analysts, Sen. Charles Grassley (R-Iowa) said, "If we pass a tax bill, it's going to have extension of capital gains in it, or we won't have a tax bill. And whether we have one in the Senate or not, the House is going to have one, so it's going to be conferenceable. We'll end up with it." – CNN.com

“GOP leaders vow it will reappear before the final tax bill reaches President Bush's desk.” – the NY Times.
Making it plain, Grassley’s assistant added, “Fuck Democracy. Capital gains will be decided in committee after the vote and before it ends up on the President’s desk.”

And don’t blame us if the poor don’t have enough cash laying around to invest in the stock market. It’s not our fault they prefer to buy food and diapers instead of risky notes that may or may not provide a return somewhere down the line.

Here’s a quick breakdown of what we need to cut in order to pay for our massive lifestyle subsidies for wealthy elites.
Medicaid, student aid, child support enforcement and conservation programs - cut cut and cut: it reads like a Billionaire's wet dream. Someone has to pay, right? You can be damn sure it won't be us. It’s almost too good to be true.

We’ll have to remember to thank our Republican stalwarts who never let a thing like compassion, fairness or humanity get in the way of that all important talking point “good for economic growth”. It’s such a good talking point, in fact, that we don’t even need to back it up with facts or proof! Huzzah!

 


 

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