4. Is budget neutral—funded largely by taxes on the wealthiest Americans and biggest corporations: Wages for the top 1% have continued to skyrocket since 1979, while wages for those in the bottom 90% have continued to decrease, as the direct result of policies favoring the wealthy and corporations. It is far overdue to require the top 1% to pay their fair share and stop getting rich off the backs of U.S. workers.
From an email sent by the Economic Policy Institute on the five reasons to pass the Reconciliation Bill.
Budget neutral? Hardly, more like gimmicks and generous assumptions with little regard for the consequences of higher taxes on a few or the long term permanent obligations and liabilities being created.
I love the phrasing above though. Since when did the 1% earn wages or receive most of their compensation in cash for that matter? Getting rich off the backs of U.S. workers? And of course, “fair share.” All this phrasing is reminiscent of a 1950s Soviet politician.
What policies have decreased US workers wages? Since 1979? I wonder if they refer to advances in technology or perhaps the world global economy?
It’s all propaganda of course – even use of the word “wages” – designed to enlist support from those feeling aggrieved and envious and to further the agenda of dependency – and it works because free is good, right?