Thursday, January 12, 2012

Are Republicans redistributing massive amounts of money to the top 1%?

Are Republicans redistributing massive amounts of money to the top 1%?

Between all the debates, the interviews, and the campaign ads – doesn’t it seem like the Republicans candidates only care about helping rich people? That’s because that IS all they care about. According to a report by the Citizens for Tax Justice – which examined all the tax cut plans proposed by the candidates – the average tax cut for the 1% is 270 times greater than the tax cuts being proposed for the middle class. Not only that – by redistributing massive amounts of money to the very top – Republicans will add enormous amounts of money to our national debt – ranging between $6.6 trillion and $18 trillion over the next decade. In other words – the Republicans are proposing an economic plan that will bankrupt this nation just so millionaires and billionaires can get even wealthier.

-Thom Hartman
Post a Comment