A Quote by Adam McKay
Every time a congressman or pundit says its 'class warfare' to increase taxes on the wealthy, it's a massive lie.
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President [Barack] Obama's staking his reelection hopes on rebuilding America's middle class. He wants higher taxes on the wealthy, tougher rules on Wall Street, and everyone else to get a fair shot to succeed. Republicans can cry "class warfare" if they want, but as the president put it today, it's about this country's welfare.
The interesting thing about class warfare is that it's only class warfare if it's up, not down. If you talk about welfare cheats or something, that's not class warfare because it's down; you have to talk about rich people before it's class warfare.
High tax rates in the upper income brackets allow politicians to win votes with class warfare rhetoric, painting their opponents as defenders of the rich. Meanwhile, the same politicians can win donations from the rich by creating tax loopholes that can keep the rich from actually paying those higher tax rates - or perhaps any taxes at all. What is worse than class warfare is phony class warfare. Slippery talk about 'fairness' is at the heart of this fraud by politicians seeking to squander more of the nation's resources.
I'm not going to do class warfare; I want to be wealthy.
When the Democrats are attacked for [inciting class warfare] they shrink back. They don't say what obviously should be said, "Yes, there is class warfare. There has always been class warfare in this country." The reason the Democrats shrink back is because the Democrats and the Republicans are on the same side of the class war. They have slightly different takes. The Democrats are part of the upper class that is more willing to make concessions to the lower class in order to maintain their power.
This is not class warfare, this is generational warfare. This administration and old wealthy people have declared war on young people. That is the real war that is going on here. And that is the war we've got to talk about.
Cutting taxes is not bad. But if you cut taxes on the wealthy, which is what they wanted to do, you're not helping people who need better schools and better infrastructure and healthcare. You're basically robbing the middle class and the poor to provide tax cuts to the rich.
Trickle-down did not work. It got us into the mess we were in, in 2008 and 2009. Slashing taxes on the wealthy hasn’t worked. And a lot of really smart, wealthy people know that. And they are saying, hey, we need to do more to make the contributions we should be making to rebuild the middle class.
Democrats single out glaring examples of tax preferences or spending priorities that favor the wealthy and Republicans cry 'class warfare!'
From the perspective of corporations, taxes are an additional cost of doing business. If you increase their taxes, to remain profitable they will have to find ways to lower other costs, or to increase revenues.
You do need more revenues, and you do need to cut expenses. But you also don't want to go in a direction whereby increasing taxes creates a reticence to create new jobs. You don't want to increase taxes on work. You don't want to increase taxes on investment and the creation of wealth.
Neoliberalism is going to fail by being replaced. The system is entirely broken. Whenever you have a system that equates a market economy with a market society and claims that capitalism is democracy, you've not only got a massive lie being imposed on the people, but you've got the foundation for a form of authoritarianism and a much more intensive form of class warfare.
I don't think "Reganomics" will ever fully end. I mean, Reaganomics, to put it simply, was trying to get low taxes for wealthy people. And wealthy people are still there pushing for low taxes.
First of all, this whole idea of this one percent versus the 99 percent, it's a false statistic. There's nobody that is wealthy saying, let's go get the people that aren't. First of all, there's no versus. He's creating a false class warfare in a country where there is no class structure.
Every time a pundit or elected official is on any TV news program, it should be a polite formality to mention that GE has made such and such billions off the war in Iraq by selling arms or that Murdoch is a right-wing activist with a clear stake in who wins and who taxes his profits the least.
Let me respond with a few points, the first being that all immigrants pay taxes, income taxes, property taxes, sales taxes, gasoline taxes, cigarette taxes, every tax when they make a purchase.
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