I found this comment on an article from the Dallas Morning News , to be perfectly clear these are not my words and I do not know the person who wrote them from Adam. But the republican punditry is fond of the "Class Warfare" phrase and I just feel that it is high time they were educated in the proper use of the term. Note: I was not able to read the whole article at the DMN as it required signing up, so if you wish to read in full I suppose you shall have to.
Here is the comment:
Reality Check Time-
Class warfare is pitting one class against another; in a budget crisis, it is only class warfare when you place all the sacrifice on one class.
It is not class warfare to spread sacrifice to all classes.
It is not class warfare to make rich corporate jet owners pay a normal depreciation schedule, when at the same time you are forcing cuts in benefits to the middle/lower classes.
But it is class warfare to make the middle and lower classes accept huge cuts to benefits, while at the same time giving corporations and millionaires even larger tax breaks.
For example, it is class warfare when under the GOP/Ryan budget blueprint millionaires on average get an additional $500,000 annual tax break, but taxes are raised on the middle and lower class. Specifically, Ryan's plan cuts tax rates in half for the ultra-rich, but forces a new consumption tax on the middle and lower class that effectively switches the tax burden and allows millionaires to pay a lower effective tax rate than those making less than $200,000.
See http://www.cbpp.org/...
Repub:
Read history again. And please actually learn GOP economics. The Laffer Curve is a curve, not a line. We are so far left of the apex it is laughable.
Clinton and Gingrich worked together to balance the budget by rasing taxes and lowering spending.
When Clinton raised taxes, tax revenue not only increased, it inceased at a faster rate than it was rising prior to the tax increase.
Since the we have lowered taxes and increased spending. Not smart. When Bush lowered taxes, tax income dropped -- yes I said dropped. When the taxes started rising again, they never caught up to the prior curve of the Clinton tax raise. This is the true history GOPers ignore.
See http://en.wikipedia.org/...
Taxes are the lowest they have been in over 60 years -- yet still a recession. Obviously, tax policy does not drive the economic decisions of individuals the way GOPers assert they do.