Wednesday, November 02, 2011

Rick Perry's Latest 'Enrich the rich' Plan!

by Len Hart, The Existentialist Cowboy

Texas Gov. Rick Perry unveiled his "tax and spend" plan, officially called his “cut, balance and grow” plan. It is more properly the CUT TAXES for the ruling elite; balance if you can walk a tight rope between poverty on one side and rabid republican reptilians on the other; grow tough and smart or die!"

Rick Perry's 'plan' is just another GOP give-away to the ruling elite which has already CREATED the ruling elite of just 1 percent of the total population --a situtation not unlike that of the U.S. just prior to the crash of '29 and the resulting Great Depression!

The GOP has gotten away with this fraud only because the American educational system has failed to educate people. A flat tax may sound fair but is not! Anyone NOT a member of the ruling elite spends a a much, much larger proportion of their incomes just maintaining a roof over a family and the food to feed them. The poorer they are the larger that percentage.

The ruling elites, by contrast, spend less and less as a percentage of either total wealth or total income on the basic necessities --food, shelter, commuting, et al. In many cases, elites may choose to make of a necessity a luxury.

The best example of this is education where, in Texas, the rich have chosen to marginalize public education. Last time I checked, Texas --under Bush-Perry --had fallen to dead last in high school graduations, beating out the likes of Mississippi or evolution-deniers like Kansas et al.

The elites, for example, need not spend substantially more on mere subsistence which is but a very, very tiny percentage of their total income and wealth! It's a curve! Therefore, any flat tax is unfair to anyone who is not very, very, very rich! A flat tax for the poor means that he/she pays much, much more as a percentage of his after tax income for essentials (housing, food) as do the very, very, very rich who pay the same 'flat percentage' but exponentially decreasing percentages of income for many of the same items purchased by everyone else.

A Flat Tax, therefore, is not really flat because it represents a huge increase in the burden placed upon anyone not a member of the ruling elite!

Rick Perry is either a crook or a moron or both! But he differs very little from every other GOP to have ever hatched from a pod!

Perry is making it all up as he goes. It was not so long ago that Perry attacked Social Security. Now --he claims to have a 'plan' (unfortunately, he has announced no imminent plan to just STFU) Now, Perry not only promises to repeal Obama’s health care plan, he says his plan will stop the “raiding” of the Social Security Trust Fund and allow younger generations to set up personal retirement accounts. He has flip-flopped on Social Security.

In a word, Perry reads the polls and makes the 'necessary' adjustments. He is completely unprincipled and utterly clueless.


4 comments:

Anonymous said...

Presidential material = misguided allegiances
http://www.youtube.com/watch?v=IYYtE42bddQ

Translation:
We Get All Da Money.....
We Get All Da Money.....
I guess I'd dance too.


Amerikagulag

Anonymous said...

> "The GOP has gotten away with this fraud only because the American educational system has failed to educate people."

I think it's more disturbing that lack of education. It's USA's national Religion of Wealth that's at the root of this nonsense.

The worshiper of Wealth (a typical citizen, regardless of how rich or poor he is) recognise the wealthiest as the most worthy in society, and the poor as the must unworthy. The wealthiest are the most deserving of rewards *because* they are the wealthiest. The poor deserve to have what they have to be taken away *because* they are poor.

Reason and logic don't stand a chance when it goes against fundamental religious belief. You can educate people to the highest degree .. but if they worship Wealth, it won't make any difference.

Christopher said...

Given the exponentially higher amounts of money which presidential candidates must elicit for each successive election, and that the rich are the ones most of these monies are elicited from, it would be surprising if candidates, once elected, didn't favour the rich.

So, Perry's tax plan does make sense in its own way.

Are not the US's election finance laws the whole problem? Re-write these laws so that they are similar to their equivalents in the other industrialised democracies, and change would follow.

One thing to be said for Perry's tax plan, though, is that, because it would peg federal tax revenues at 18% of GNP, the US would have to shed its empire.

Len Hart said...

Christopher wrote...

Given the exponentially higher amounts of money which presidential candidates must elicit for each successive election, and that the rich are the ones most of these monies are elicited from, it would be surprising if candidates, once elected, didn't favour the rich.

It makes sense IF one believes the system is not broke. But --in fact, the elites OWN the GOP and GOP candidates. Sure --it makes sense for them but not for the greater good of the nation. As I have said since I saw the stats --the 'ruling elite' of just 1 percent own more than the rest of us combined. As Scrooge said of those NOT members of a ruling elite: "...let them die and decrease the surplus population!"

It is gratifying that I am not alone in pointing out the huge, destructive, disastrous income/wealth inequality in the U.S. Alas --I would have preferred writing about how the human race is getting better, controlling our own overpopulation while safeguarding the environment and ecosystems with whom we 'occupy' this planet. But --alas --we have been poor stewards! And unless things change, our 'stewardship' will come to an end that will be one of our own making.