REID: 'Repubs So Intent On Protecting Millionaires/Billionaires-Willing To Sacrifice Middle Class'

[kpete]

Reid says Boehner debt plan would raise taxes on middle class
By Alexander Bolton - 12/04/12 11:03 AM ET

Senate Majority Leader Harry Reid (D-Nev.) on Tuesday slammed Speaker John Boehner’s (R-Ohio) debt offer, which Reid said would raise billions of dollars in taxes on middle-class families.

Reid said Boehner would raise taxes on the middle class to shield “millionaires and billionaires” from feeling “pain” and dismissed the latest Republican proposal to the White House as a “nonstarter.”

“Their proposal would raise taxes on millions of middle-class families,” Reid said on the Senate floor. “Their plan to raise $800 billion in revenue by eliminating popular tax deductions and credits would reach deep into pockets of middle-class families.

“Republicans are so intent on protecting low tax rates for millionaires and billionaires, they’re willing to sacrifice the middle-class families’ economic security to do so,” he added.

http://thehill.com/blogs/on-the-money/domestic-taxes/270825-reid-says-boehner-plan-would-raise-taxes-on-middle-class

[Kablooie]

1. The Republican motto ...

We don't work for those who vote for us, we work for those who pay us.

[patrice]

2. Thank you Senator Reid, but, frankly, I think the rest of us should step it up a bit & help you

MUCH more.

Q. What is the most common counter-point to "tax the rich"?

A. Taxation steals something, money, that belongs to those who have it.

Either intentionally our out of ignorance, that statement is NOT entirely true and it is in ERROR in a particular manner that exacerbates the whole problem.

While people do, in fact, own some proportional element of the financial power that they have acquired, it is impossible to say that they own ALL of it, because there would be no such thing as money & not much wealth if it weren't for our ENTIRE culture and ALL of its sub-systems, so it's possible to say that the more you "own" the more that meta-system has extrapolated arbitrary abstractions from concrete economics, more and more extrapolated, more and more abstracted, more and more arbitrary, less and less founded in the most essential economic phenomenologies, more and more the expenses associated with that "wealth" extraction.

HOW do we explain these things to knee-jerk cohorts who are willing to do systemic, if not outright physical, violence in defense of what they WRONGLY assume to be somekind of divine right ownership of anything and everything that can be tortured out of those coded 0s and 1s that we call money?

The best answer I can think of, to this last question, is to be much MUCH more aggressive in our critique of the Federal Reserve, so when I think of how WE, in OUR OWN ways, should be helping Senator Reid, I think of much more aggressively shining a light upon how the Federal Reserve is the mother of the financial corruption that claims a, to all practical intents and purposes, divine right to OUR BLOOD, aided by some combination of dishonest and/or ignorant millions, a significant number of whom would think differently if the truth about our economic system were more way way out there in the light of day in public perceptions.

What's an efficient route to that light at the end of this tunnel? Focus on the Federal Reserve. Focus relentlessly on the Federal Reserve. Focus honestly on the Federal Reserve. Focus ruthlessly on the Federal Reserve and, though I know people around here and elsewhere who FREAK out when anyone says it, an authentic effort to END the Federal Reserve would achieve at least some of the necessary knowledge epiphany that would help that knee-jerk cohort, and its very purposeful tenders and managers, to see and admit the truth about the CONCRETE PRICE of that abstraction that we call money in the USA.