Senator Bernie Sanders (I-VT) has announced that he’s on board with President Obama’s plan to raise taxes on the rich and close loopholes they use to avoid taxes, while also cutting taxes for the middle class. According to The Hill, Sanders believes that Obama’s tax plan will move the country in the right direction in terms of lifting some of the burden of keeping the government running off the middle class, as well as for raising revenue for the government.
Many people on the right love to attack Bernie Sanders for his leftist ideals, yet he and Sen. Elizabeth Warren (D-MA) are among a very small minority in Congress who regularly attempt to fight for the middle class. If that’s “communism” (it isn’t), then so be it.
Sanders said that Obama’s tax plan comes at a time when there are “obscene levels of income and wealth inequality.” He also said the following, according to The Hill’s article:
I look forward to working with the administration to adopt a tax system that eliminates unfair tax loopholes that only benefit the wealthiest people and largest corporations and to increase the take-home pay of working Americans.
Unfortunately, with a Republican-dominated Congress, it’s unlikely that anything resembling Obama’s tax plan will pass. A spokesman for Paul Ryan (R-WI) said that the plan is “not serious.” He believes that it’s better to continue to cut taxes for the wealthy, instead of raising taxes that will just pay for more government spending.
A spokesman for Mitch McConnell (R-KY) said that McConnell blasted Obama’s tax plan as well, according to a different piece in The Hill. McConnell wasn’t surprised that Obama would call for tax hikes. He believes that simplifying the tax code (good) and creating a flatter tax structure (that favors the wealthy and harms the poor) is what we really need. He also feels that Obama is trying to undo the tax relief he himself signed into law.
Except that the wealthy don’t need tax relief. Big business and the financial institutions don’t need tax relief. The middle class needs tax relief. That’s what Obama’s tax plan would help with, and why Bernie Sanders stands behind it. Sanders is absolutely right that the rich paying less in taxes than the average American is obscene.
After 30 years of tax cuts for the rich not helping with job creation, pay raises that at least keep up with inflation, decent benefits, and more, one would think the GOP would finally give that up. They haven’t…they seem to believe that if we would just give trickle-down a chance without the evil socialists messing it up, then every problem we’ve ever had would solve itself.
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