Tax Increases On Wealthy

The MAGA Republican Agenda Must Be Resisted By Biden And Democrats!

The MAGA Republicans who now control the House of Representatives under Speaker of the House Kevin McCarthy, and also have influence over some of the minority Republican contingent in the US Senate, have declared war on common decency.

Joe Biden, the Democratic Senate majority and the minority House Democratic caucus under the leadership of Hakeem Jeffries have their work cut out for them to resist and defy the lunatics who are wishing to impose their agenda on the nation.

The Republicans want to negotiate over the debt ceiling when it is their party that has added most of the national debt under Republican Presidents, and specifically, Ronald Reagan, George W. Bush, and most egregiously, Donald Trump, in their mad quest to cut taxes for the super wealthy who do not need tax cuts, and never pay an adequate tax rate.

They have no concern over the damage that would be wrought on the American and worldwide economy by holding the debt ceiling as hostage, when it covers past Congressional actions that were enacted, so it shows that they are deadbeats when it comes to payment of financial obligations. The debt limit has been raised more times than years in the past multiple decades, and without question when the Republicans controlled both chambers of Congress!

And they wish to destroy the Internal Revenue Service, and instead of income taxes, tax everyone a flat rate of 30 percent sales tax on all purchases and expenses, an idea that will destroy the middle class and the poor, and greatly benefit the wealthy, absolutely outrageous!

The Republicans also want to make massive cuts to Social Security, Medicare, Medicaid, food stamps, veterans benefits, calling them “entitlements”, when taxpayers pay for these programs in their years of paying taxes, so to cut is an outrage!

Republicans are also declaring war on the need for environmental reforms to deal with climate change; to promote “clean energy”; wanting to cut national parks and conservation lands and sell them to industrial interests; necessary investment in infrastructure; along with wanting to cut the meager investment in National Public Radio and PBS, undermining the concept of educating the American public with a miniscule investment of public funds!

The Democrats need to counter the Republicans by insisting on such programs as the following:

An increase in the minimum wage, and indexed to inflation

A significant tax increase on the wealthy

Expand Medicaid under the Affordable Care Act (Obamacare) to states that have not expanded Medicaid, mostly in the South, and including the megastates of Florida and Texas

Universal Pre-K for children under the age of five

A national paid family leave program

A permanent expansion of the child tax credit

And a “compromise” might be a smaller tax increase on the wealthy, and a slower increase in the national minimum wage over a longer period of time, but in exchange, the Republicans would stop holding as hostages the national debt that they mostly created without concern.

The Republicans claim to be “pro life”, and yet they show no concern for the welfare of American children who are not from wealthy families, and refuse to consider gun regulations as more and escalating numbers of mass murders occur, with 41 such incidents in the first 27 days of 2023!

Rumored Deal On Raising Medicare Eligibility Age Totally Wrongheaded!

As the “Fiscal Cliff” deadline nears, there are rumors emerging that President Barack Obama might be ready to make a deal with Speaker John Boehner and the Republican Party, that in exchange for their support on raising taxes on those making over $250,000 a year by a few points, that the Democrats agree to raise the Medicare eligibility age from 65 to 67.

Some see this as similar to the “grand deal” between President Ronald Reagan and Speaker Thomas “Tip” O’Neill, adopted thirty years ago in 1983, that raised the Social Security age from 65 to 67 in graduated amounts over a long period of time.

However, that was a totally different situation, and only involved a delay in gaining full benefits on Social Security over a long period of years.

This involves a rapid move to 67, and with no benefits until that age for Medicare, while Social Security has always allowed a smaller benefit as young as 62.

Also, this is MEDICAL, not a check every month, and people in their mid 60s are more likely to have health issues, and many jobs are such that a person cannot be expected to work extra years (particularly physical kind of jobs), and will therefore have a gap of years without medical coverage, and any such coverage would be prohibitively expensive!

The answer is to tax a higher percentage amount for Medicare, as everyone should be entitled to Medicare at no later than 65!

It would be unconscionable to throw people nearing or in retirement off of guaranteed health care at a vulnerable age!

Senators Bernie Sanders of Vermont and Tom Harkin of Iowa are leading the fight against any changes in the retirement age, and President Obama needs to have pressure brought to prevent such a radical change that would really hurt working class people, both white and minority!

Progressives and liberals need to let Obama know that they have his back, and that he must NOT bend to Republicans on this issue, and if he does, he will have lost much of his support which put him in the White House twice!

And this would anger this blogger as well! Let me make that perfectly clear!