If by a "Liberal" they mean someone who looks ahead and not behind, someone who welcomes new ideas without rigid reactions, someone who cares about the welfare of the people - their health, their housing, their schools, their jobs, their civil rights, and their civil liberties - someone who believes we can break through the stalemate and suspicions that grip us in our policies abroad; if that is what they mean by a "Liberal," then I'm proud to say I'm a "Liberal." - John F. Kennedy
Monday, March 07, 2011
Tax Breaks For The Wealthy Versus the Poor and Middle Class
Donna Cooper has an interesting post over at American Progress that compares the tax breaks for the wealthy and corporations to the proposed GOP cuts to the "safety net" non security programs in its budget. The oligarchy has made putting their special tax breaks such as deducting interest paid on vacation homes, estate taxes and the like off limits when it comes to dealing with some of our deficit spending. All these tax breaks should be on the table since tax breaks take a huge chunk out of Federal tax revenue. There are two sides to balancing a budget, revenue and spending.
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