GOP Coddles the Rich, Cuts the Rest
by Leo Gerald
President Obama is recommending reducing the pain of sequestration by raising revenue. This could be accomplished by eliminating cushy deals that the rich and corporations have bought for themselves over the years with lobbyist dough.
It breaks down like this, specifically:
- Do Republicans want to evict 70,000 low-income children from Head Start to ensure that the nation’s largest corporation, GE, which is massively profitable, continues to pay no taxes, in fact, demands rebates from the American people?
- Do Republicans want to furlough 750,000 civilians employed by the Army to ensure that one of the richest men in the world, Warren Buffett, can continue paying a lower tax rate than his secretary, a situation that Buffett has described as unconscionable?
- Do Republicans want to slash $550 million from the FBI, hindering response to cyber and terrorist attacks after the equivalent of 7,000 workers are furloughed each day just to ensure that corporations can continue to get tax breaks when they off-shore jobs?
- Do Republicans want to end treatment for 373,000 seriously mentally ill adults and severely emotionally disturbed children just to ensure that the 1 percent continue to receive tax breaks for their corporate jets, yachts and golf carts?
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