Another GOP Tax Plan (YAWN)

Can you believe it?  The most interesting thing of the week is a tax plan…..sad state of news……

It is the silly season….that is election season…..and there is a wealth of people on the GOP side that want to be the nominee for the party come next November…….and each one of them has some sort of tax plan…..and all are about the same…….. tax cuts……but there are a couple that have plans that stand out…..Romney, the perceived nominee by many pundits, has a plan that has about the same amount of pages as War and Peace and then there is the famous Cain/Koch plan….the 999…..and now the bully of the pulpit, Rick Perry has released his long awaited plan that he will bump on with Cain’s plan.

Perry has a name for his plan….not as catchy as Plan 999….but a name anyway….it is called the “cut, balance and grow” plan……not to be confused with another plan that had a similar name…..this one is a flat tax….if you recall when Forbes ran for president about a century  ago (not really but it seems like that long)….it was a bust then and guess what?  It is a bust now!

“Cut, Balance and Grow strikes a major blow against the Washington-knows-best mindset. It takes money from spendthrift bureaucrats and returns it to families. It puts fewer job-killing regulations on employers and more restrictions on politicians. It gives more freedom to Americans to control their own destiny. And just as importantly, the Cut, Balance and Grow plan paves the way for the job creation, balanced budgets and fiscal responsibility we need to get America working again,” Perry writes.

The major points are…..It would reduce the corporate tax rate from 35 to 20 percent, eliminate taxes on dividends and many capital gains and essentially cap individual tax rates at 20 percent. Perry argues these tax cuts will spur economic growth by creating a more favorable environment for wealthy individuals and corporations to start or expand their businesses.

LOL…that means Laugh out Loud!  Just like all flat taxes it will benefit NO one but the wealthy….no matter the rhetoric….and the poor will get a f*cking that they shall never recovery from anytime soon.

TAX CUTS!  Wealthy get all the benefits!  The GOP has NO idea what to do about the economy other than throwing more money at the very people that caused the economic meltdown…..maybe we should starting looking for real economists to run the economy since there are very few economists in Congress….I think we could do better than the wimps we have now….

You know if the wealthy kicked in a buck every time the GOP used the term “Tax Cuts” we could be well on our way to solving the deficit.

2 thoughts on “Another GOP Tax Plan (YAWN)

  1. The People are gettin’ f***ed, Lobotero. No doubt about it. Perry is just another corporate tool. He’s rich. He’s got plenty of oil money.

    And then for him to claim he’s a Christian. My God. How can anyone possibly justify to themselves the holding of such mutually exclusive views?

    1. Morning Terrance…I realize that this stuff gets boring after awhile….but I feel the more info people have the better they can vote…..and these guys keep screaming about Obama making people afraid…….but they do not use fear, right? Perry has decide not to participate in all the upcoming debates…..good call since he apparently has NO idea how to conduct himself during a debate….and you are right…he has got almost unlimited oil funds for his run…..I have found that Christian will screw you a little quicker than anyone else….

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