Archive for March 31st, 2011

Is The Republican Party About To Drown In Its Own Bathtub?

No One Could Have Anticipated, Exhibit A: Apparently decades of huge tax cuts make your state (or country) broke!

No One Could Have Anticipated, Exhibit B: Apparently voters don’t like it when you slash government services to pay for decades of huge tax cuts!  (Or brand-new tax cuts, for that matter.)

I particularly like Politico’s clueless first sentence: “It was supposed to be one of the clearest messages of the 2010 elections: Voters were finally fed up with government spending.”  I’m pretty sure that the clearest message of the 2010 elections was “We don’t like watching the banksters who blew up the economy get off scot-free (with bailouts, no less) while we can’t even find a job or hold onto our houses.  Also, Obama is a worthless corporate sellout who has watered down or completely reneged on every single one of his campaign promises.”

And as Joseph Stiglitz points out in his refusal to sign the please-cut-Social-Security/Bowles-Simpson-is-awesome deficit reduction letter, fiscal austerity at the federal level will only make matters worse there, too.

It looks like the GOP is about to experience a pretty serious electoral backlash at the state level, and the only thing that might save them from the same fate nationally is if Obama and the Democrats help them hold the government’s head underwater instead of fighting to save it.  Unfortunately, it looks like that’s exactly what they plan to do.

2 comments March 31st, 2011 at 05:39pm Posted by Eli

Entry Filed under: Economy,Politics,Polls,Republicans,Taxes

This Just In: Tax Cheats Are Narcissistic Pricks

IANAS (I am not a shrink), but these guys kinda sound like sociopaths to me…

The typical American tax cheat is male, single and under the age of 45.

(…)

While only 15% of Americans surveyed fessed up to fudging their tax returns, 64% of those people were men, according to the survey of consumer attitudes and behavior. Thirty-five percent were single (47% when including people who have been divorced or widowed), and 55% were under the age of 45.

These percentages were all significantly higher for the self-proclaimed cheaters than for the non-cheaters, indicating that Americans who cheat on their taxes are much more likely to fall into these three categories than those who don’t, the survey found.

Many cheaters also try to justify their behavior. Far more tax cheats said they are ‘overall better people’ and that they are ‘special and deserve to be treated that way’, compared to the people who said they don’t cheat.

Apparently “special” and “overall better people” can be identified by their willingness “to keep the wrong change given to them by a cashier, to ask a friend to pretend to be a former boss for a reference check… to lie about their income to qualify for government aid… wear an outfit once and return it, file false insurance claims, keep money they see someone drop on the floor… lie about finding something inappropriate in their food just to get a free meal… [or] steal money from a child.”

Remind me which party is the anti-tax party again?

(Okay, the more anti-tax party…)

March 31st, 2011 at 03:16pm Posted by Eli

Entry Filed under: Taxes,Wankers

Shared Sacrifice

This is quite possibly the most perfect representation yet of the Republican concept of “shared sacrifice”: GE employs every strategy known to man to not only avoid paying taxes on $14 billion in profits, but actually wrangles a $3.2 billion tax CREDIT

And then turns around and tells 15,000 employees that they need to take big pay and benefit cuts.  Because, I guess, $14 billion in profits plus a $3.2 billion tax credit just isn’t enough to get by on these days.

True, it’s not a perfect analogy to Obama extending tax cuts for the rich and then saying that government workers (and most other non-millionaires) will have to tighten their belts because of the deficit, but it’s the same combination of a huge tax windfall for the rich coupled with everyone else getting screwed.  The biggest difference in GE’s case is that instead of providing an excuse for screwing workers, the tax windfall does pretty much the exact opposite.

March 31st, 2011 at 12:15pm Posted by Eli

Entry Filed under: Corruption/Cronyism,Economy,Labor,Politics,Republicans,Taxes,Wankers


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