Just a quick post here before I leave the office (many thanks to MD for the link) that lays out the utter idiocy of the income tax rhetoric being used by the current Republican candidates for president.
Or... I guess the rhetoric is fine, since they're not getting called on it by the public. The utter idiocy of the stance they're taking?
No... since the purpose of the stance is to get elected, and they seem to be doing okay on that front. The bizarre relation that their stance has to verifiable facts?
There we go (hold your global warming jokes, please).
First, the facts: a vast majority of Americans have skin in the tax game. Even if they earn too little to qualify for the income tax, they pay payroll taxes (which Republicans want to raise), gasoline excise taxes and state and local taxes. Only 14 percent of households pay neither income nor payroll taxes, according to the Tax Policy Center at the Brookings Institution. The poorest fifth paid an average of 16.3 percent of income in taxes in 2010.
Whether you think of yourself as a Republican, a Democrat, or (as I do) a disaffected, unrepresented pawn in a game being played by people (and we can count corporations as such, these days!) with much more money and power than you, it's got to be good to see political candidates getting called out when they take a stance that is obviously, factually wrong.