Saturday, December 10, 2011

What Does Scaling Back Government Really Mean for You and Me?

We need to look hard at the long-term data and effects of these so-called tax-saving measures on the quality of life throughout this country.
December 9, 2011

Cutting taxes in the guise of putting more money back in the pockets of the 99 percent is a 100 percent wrong approach to our economic woes. It depletes the revenue we need to maintain public services and vital infrastructure that Americans expect and, in many cases, require to sustain our daily lives. Sure, we should trim the fat. But hacking at the muscle decimates the economy and quality of life for all of us.

For over 40 years, the Republicans have used the rhetoric of lowering taxes as a rallying cry to gain power at every level of government. What has their success meant? Today, the 1 percent has a disproportionate share of the wealth in this country, and the United States is falling behind in key areas, from education to technology to health care. READ MORE

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