This happened last week in Nebraska’s first congressional district. Congress member Mike Flood decided that it was time to face the people of his district in a town hall. He was not greeted well (20 seconds): The smirk on Flood’s face is about as condescending as anything I have ever seen. Let’s call it the MAGA I know more then you face
MAGA pushed through their ’screw the people’ continuing resolution budget bill and decided it was time to take a break. So the House went into recess with only a few having any plan to meet their constituents. That is because their next order of business is to pass the Tax Cut For The Wealthy Rich bill in early April.
Based on what we have seen happening out in very, very Republican Nebraska, I am surmising that handing bundles of money to those who already have bundles of money will be as popular as skunks at picnics. Maybe instead of handing out bundles of money to the rich, congress should consider taking a few bundles from the excessively wealthy and turning that money into helping our poorest citizens live a decent existence.
Good Gawd, if we can’t afford health care for everyone, shelter and an adequate diet for everyone, we shouldn’t be handing out tax cuts to the rich. We should be making the tax system fair for all based on their means. As the Nebraska crowd chanted “Tax The Rich!”
Here is a video from 6 years ago explaining how taxing wealth and not income could be a great way to even things out. The people who are extremely wealthy could much more easily handle a tax. Remember that those who are wealthy are also at the same time extracting more goods and services from the government than you or I by far. Walmart doesn’t build their own roads do they? This was Elizabeth Warren’s plan from 6 years ago (3:45):
But wait a minute! The mainstream media has warned us over and over that taxing the rich will hurt our economy! Also, the rich are the ones who create jobs! And it isn’t fair! I think I will just step back and let the very lucid Robert Reich take on these arguments. His logic is irrefutable.(8:25 – it is worth the time):
Remember the reason we believe the myths about how taxes slow the economy is because the media is owned by those who will make out like bandits with low taxes on the wealthy (Amiright Jeff Bezos? Amiright Elon Musk? Amiright Dr. Patrick Soon-Shiong? I could go on)
Along with a wealth tax, how about extending the payroll taxes for Social Security and Medicare to make those programs well into the future. There is no sense in capping the taxes at around $175,000. That makes no sense.
Taxing the wealthy instead of taxing the poor and middle class and then transferring that money to wealthy through tax cuts, taxing the wealthy just makes simple sense. As MAGAs are always chirping the federal government is deeply in debt. Tax cuts for the rich worsens that problem. Taxes on the rich could be used to pay down that debt. Jeez, brilliant!
As wealth inequality grows, the concern of an American oligarchic government that only works for the wealthy will supplant our democracy. We have already seen it in other western democracies such as Hungary. MAGAs are doing what they can to impose oligarchy here and money from the rich is funding the program.
In his substack letter for Thursday March 20th Robert Reich notes that the Trump administration is claiming that the tax cuts for the wealthy will be covered by money raised by Trump’s tariff program:
But Trump’s tariffs — and the retaliatory tariffs already being imposed on American exports by the nation’s trading partners — will be paid largely by the American working class and poor.
And the people who will benefit most from another giant Trump tax cut are America’s wealthy.
It will be a giant upward transfer of wealth.
As if the tax of the tariffs weren’t enough of a kick in the gut to the poor and middle class add to that the reductions in various programs that will come out of the poor and middle class hides in the forms of cuts to Medicaid, Social Security, various funding for food programs etc.
In all we are looking at HUGE tax cuts for the rich paid for by the poor and middle class.
I join with those in Nebraska screaming “TAX THE RICH!”