By Robert P. Bomboy
Who owns this country?
When I was young I never in a million years thought I would ask that question,
but now it’s at the heart of everything that’s happening around us.
As I pointed out recently, the 400 richest
people in our United States have more money than the
bottom 150 million of us put together: They own a third
of the stock market, a third of all the property in America, and a third of
anything else that can be owned. They own our country, in fact, and they are using the power that accompanies their money to
exert vast political influence, cut their taxes, and derail regulation, as the
Trump administration is doing.
That’s what’s behind the federal budget bill that has now passed the House of Representatives and is on a Harley Davidson motorcycle speeding through the Senate.
The Senate budget bill would raise taxes on most individuals in the middle and working classes, but not among the wealthy, and add millions upon millions of Americans to the ranks of the uninsured - all to pay for huge cuts in Big Business taxes.
But we don’t matter to the Republicans in Congress who are ramming through this budget. What matters to them is the same as what matters to the rich people they serve so faithfully. As the New York Republican congressman, Chris Collins, said in the House: “My donors are basically saying get it done or don’t ever call me again.”
That’s what’s behind the federal budget bill that has now passed the House of Representatives and is on a Harley Davidson motorcycle speeding through the Senate.
The Senate budget bill would raise taxes on most individuals in the middle and working classes, but not among the wealthy, and add millions upon millions of Americans to the ranks of the uninsured - all to pay for huge cuts in Big Business taxes.
But we don’t matter to the Republicans in Congress who are ramming through this budget. What matters to them is the same as what matters to the rich people they serve so faithfully. As the New York Republican congressman, Chris Collins, said in the House: “My donors are basically saying get it done or don’t ever call me again.”
The general public (that is, you and I)
strongly disapprove — by a 2 to 1 majority, points out the Nobel Prize-winning
economist Paul Krugman, citing a new nationwide survey by the widely respected
Quinnipiac University Polling Institute. “We’re talking about government of the
people, not by the people, but by wealthy donors, for wealthy donors,” Krugman
adds.
“ Everyone else hates this plan — and they should. It’s nothing but a scheme to make the rich — especially those who rake in investment income rather than working for a living — richer at everyone else’s expense.”
“ Everyone else hates this plan — and they should. It’s nothing but a scheme to make the rich — especially those who rake in investment income rather than working for a living — richer at everyone else’s expense.”
Despite
President Trump’s propaganda - according to Congress’ own Joint Committee on
Taxation - taxes would rise on average for every group with incomes under
$75,000 a year, and would surely rise for many families even in higher-income
groups. The only significant winners would be those making more than $1 million
a year.
That doesn’t even take into account the
health-care sabotage that’s an integral part of the Senate plan. By repealing
the requirement that people purchase insurance, the Senate’s version of the new
budget plan would cause 13 million of us to lose our health insurance coverage.
But it would also drive up premiums for those who keep their insurance, because
the dropouts would tend to be those with lower health costs. So that’s an
additional, hidden indirect tax on the middle class.
The budget plans now in Congress will increase
the federal deficit by $2 trillion or more over the next decade (the official
estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that will
result in inflation and much higher interest rates than would otherwise occur.
Experts recognize that Congress actually has no
idea what this tax grab for the rich will do to us over the long run. They have
nothing more than wishes and prayers to the pagan god Mammon. Estimates from the University of Pennsylvania's Wharton School
and other prestigious institutions show that the tax bill won't do what Trump
and the Republicans are promising.
It’s all lies. Don’t be surprised that out
representatives do lie to us, as they did with all their futile efforts to
repeal Obamacare. Now, with this end-run through the budget, they’re trying
once again to kill our health insurance. As Jeffrey Toobin, CNN’s widely
respected commentator, says, “The thing about taking away health insurance is
that people die.”
The battle is now in the Senate. This is the
cruelest, sneakiest, and most dangerous budget in American history. People need
to go to the streets again, to Senate offices, and to everywhere else they can
be seen and heard, and make sure the rich don’t get their way.
If you want to help, as you have before, make a
stand. Don’t bother calling Senator Pat Toomey; he’s rich and he’s with the
rich. Senator Bob Casey and the other 45 Senate Democrats will vote against it,
along with at least two Independents, one of whom - again – is Senator
Bernie Sanders.
As with the battle to save
Obamacare in September, it will take only three Republicans to vote with them,
possibly from among these good people:
·
Lamar
Alexander: Twitter? @SenAlexander -
Email? Google Lamar Alexander and use his email contact form.
·
Shelley
Moore Capito: Twitter? @SenCapito - Email? Google Senator Shelley Capito and
use her email contact form.
·
Susan
Collins: Twitter? @SenatorCollins - Email? Google Senator Susan Collins and
click Contact Senator Susan Collins.
·
Bob
Corker: Twitter? @SenBobCorker - Email? Google Senator Bob Corker and click on
his contact form.
·
Jeff
Flake: Twitter? @SenFlakeStaff – Email? https://www.flake.senate.gov/ and click on his contact form.
·
John
McCain: Twitter? @SenJohnMcCain -
Email? Google Senator John McCain and click Contact Senator John McCain.
·
Lisa
Murkowski: Twitter? @lisamurkowski - Google Senator Lisa Murkowski and click
Contact Lisa.
·
Rob
Portman: Twitter? @senrobportman - Email? Google Senator Rob Portman and click
Contact Rob.
BUT, in the end, not one of these fair-weather
Republicans voted against the budget bill, costing Americans more than $1.5
trillion and undercutting Obamacare.
Shame!
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