Wednesday, April 15, 2009
Corporate-Organized Tea Bag Parties Today
The "tea parties" are promoted as a "grassroots uprising" against "high taxes." Tea stands for "Taxes Enough Already." However, 95% of Americans will received a tax cut in the next year if the upcoming Obama budget passes. Only Americans with incomes above $250,000 will receive a small tax increase -- and even then their taxes will be much lower than almost any time in the last 80 or so years. This increase on the top incomes will help pay for some of the Republican-caused economic damage as well as reduce the budget deficits that the country has faced ever since the same income group received tax cuts after George W. Bush was elected. (This is similar to the tax increase in first Clinton budget that led to the great economy of the 1990s and large budget surpluses.)
The other complaint from tea party organizers is that President Obama is "spending too much." The increased spending in the stimulus package and upcoming budget funds education, unemployment checks, efforts to ward off foreclosures and other programs designed to help bring us out of the recession and provide jobs. These are programs that benefit regular people instead of big corporations and the rich.
So regular people who go to these corporate-organized tea parties are asking the government to undo their own tax cuts and reduce their own government services in order to keep taxes low for the very rich. I wonder if people have really thought this through? ~Dave Johnson~
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