Monday, August 1, 2011

Taxes

Republicans are celebrating that there are no tax hikes in the debt deal. I can only take that to mean that they want increased consolidation of power in the hands of a minority wealthy elite and that the wealthy should not have to contribute fairly to the country that makes it possible for them to be wealthy in the first place.

Not raising taxes and cutting spending in this type of economy is the wrong thing to do. We may all survive this, but it could have been so much easier.

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