Pony up

Posted: 9 October 2015 in Uncategorized
Tags: , , , ,

www.usnews

A week or so ago, I described the Republican campaign for president as a one-trick pony. It’s only about tax cuts for the wealthy, and let the revenue chips fall where they may.

Apparently, Bobby Jindal has jumped on that same pony with only one discernible feature.

In a sprawling, largely detail-free plan released Wednesday, Jindal tried his hand at the tax-cut buzz saw. On a static basis, the Tax Foundation estimates, Jindal’s proposal would cut revenue by $11.3 trillion over the next decade.

That’s in the same ballpark as Trump. Yet rather than denying or trying to draw attention away from the gigantic hole he intends to blow in the budget (as Trump and Bush, respectively, have done), Jindal touts it with pride.

Jindal’s plan is also, impressively, even more regressive than Trump’s. While Trump would raise the after-tax incomes of the top 1 percent by a mere fifth (21.6 percent), Jindal would increase their incomes by a full quarter (25 percent).

Then, in addition to lowering taxes on the rich, Jindal — but not Trump — would raise taxes on the poor.

Yes, you read that right. Jindal wants to engineer a reverse Robin Hood, taking money from the poor to give to the rich.

Comments
  1. Bob Hall says:

    The shamelessness of these corporate flacks is truly amazing. Even more amazing is the fact that enough adult Americans support them to enable them to be counted as candidates for the presidency.

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