Republicans Still Hellbent on Cutting Taxes on the Rich

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Stymied at the national level, Republicans have spent the past couple of years focusing a lot of their energy at the state level. And they’ve had considerable success. Hundreds of abortion restrictions have been passed. Voter ID laws were enacted all over the country. Just recently half a dozen Republican-controlled states have started efforts to game the Electoral College in preparation for the 2016 election.

So what’s next? Apparently state sales taxes. CBPP’s Elizabeth McNichol reports:

In an alarming trend, governors in Louisiana, Nebraska, and North Carolina have proposed eliminating their state’s personal and corporate income taxes and raising the sales tax to offset the lost revenue….Proponents claim that eliminating income taxes and expanding the sales tax would make tax systems simpler, fairer, and more business-friendly, with no net revenue loss. In reality, they would tilt state taxes against middle- and lower-income households and likely undercut the state’s ability to maintain public services. Specifically they would:

  • Raise taxes on the middle class.
  • Require huge sales tax hikes.
  • Levy those new, higher rates on a much larger number of transactions.
  • Create an unsustainable spiral of rising rates and widening exemptions.
  • Fail to boost state economies.
  • Make state revenues much less stable.

There’s more detail at the link. But the bottom line is pretty simple: This is a transparent effort to reduce taxes on the rich and increase taxes on the poor and the middle class. No matter how flowery their speech, Republicans remain hellbent on cutting taxes on the rich no matter what the consequences. Given how well the rich have done recently and how poorly the middle class is doing, this is nothing less than jaw dropping.

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Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

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Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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