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What if they held a class war and nobody noticed? For decades, liberals and progressives have been bashed for conducting a "class war" every time they suggest that it would be appropriate for the extremely wealthy to shoulder a bit more of the burden of paying for government. Meanwhile, a swarm of far-right think-tanks and political action committees have been working tirelessly to promote the idea that taxes on the wealthy should be lowered further from their historic lows, and that entitlement programs such as social security and medicare are too expensive to sustain (and in any case, immoral). The latest attempts to delegitimize public employee unions are the logical next step in what genuinely appears to be the systematic dismantlement of the middle class. This blog will highlight some of the more extreme examples of this activity that may not always show up in your news feeds.
Monday, March 7, 2011
You Can't Forget About All Those Tax Cuts
Here's another angle on the alleged salary/pension crisis being faced by states that is being used to justify taking away collective bargaining rights. In short: tax cuts pushed through a decade or more ago were paid for by underfunding of pension obligations. Now, surprise surprise, there is not enough money. What's the answer? Not revisiting the question of tax rates. No, instead let's squeeze those lazy, overpaid teachers, firefighters, police, etc.
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