Tax Cuts for Rich Cost $11.6 Million Every Hour by Tula Connell, Oct 17, 2011, AFL-CIO Now Blog
It’s really a shame Republicans in Congress don’t want to raise taxes on the super wealthy to help fund needed repairs to our nation’s bridges and roads—which in turn would create badly needed jobs for some of the nation’s 26 million unemployed and underemployed or those who have stopped looking for work.
Rep. Eric Cantor (R-Va.), who called the Occupy Wall Street participants, “mobs,” now is giving lip service to the need to address the nation’s growing wage and wealth inequality. In reality, Cantor voted to make the Bush tax cuts for the wealthy permanent—a move that would decimate the nation’s budget. As NPP writes:
Warren Buffet and eight other billionaires have been publicly willing to tell Congress to raise their taxes for the good of the nation. Now, the 99 percent represented by protestors at Occupy Wall Street events across the nation have the backing from some among the 1 percent who have posted their support online here. |
What you have to say? Are you a one of the 99-per cent? Leave a comment.