Tag Archives: realty check

Boehner’s Tax Cuts for Wealthy 1% Like Tigers with Spots

Do Tigers have spots? Boehner’s Pledge To America is a deja-vu of Gingrich’s 1994 Contract with America, almost word for word! Where is the evidence that continuing Bush tax cuts for the top 1-2% wealthy in America will create jobs? There is no evidence. Cash rich U.S. corporations already have $1.8 trillion in cash on hand. Why aren’t they hiring more folks? They don’t want to. Instead they are hoarding the money. So why would continuing the tax cut help the economy? Don’t the top 1% already have enough money— 23.5% of all wealth in this country. What will Americans decide for the midterms? Can the electorate decipher hype and abstract talking points from real useful policies? Reality check… Continue reading

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