Posts Tagged ‘election’


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The Citizens for Tax Justice have done the calculations and—surprise, surprise—34 percent of the benefits of Marco Rubio’s tax-cut plan plan would go to the highest-earning one percent of Americans.

Overall, we found that:

  • The poorest 20 percent of Americans would receive a tax cut averaging $2,168 a year (assuming full refundability of the standard credit).
  • Middle-income Americans would receive an average tax cut of $2,859.
  • The best-off one percent of taxpayers would enjoy an average tax cut of $223,783.

The other side of Rubio’s tax-cut plan is that it would serve to “starve the beast,” reducing federal tax revenues by almost $12 trillion over a decade.

As Jonathan Chait [ht: sm] observes,

Oh, one more thing: Among the Republican presidential candidates, Rubio is widely considered to be a moderate on fiscal issues. The clarity with which we can now examine Rubio’s plan, juxtaposed against recent events, provides a sense of the ongoing relationship between the Republican Party and economic reality. It remains deeply hostile.


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Elections, of course, have consequences. In the case of Kentucky, Republican Governor-elect Matt Bevin has threatened to dismantle Kynect (the Kentucky version of the Affordable Care Act) and to create a Right to Work state.


Just so we understand what stands to be lost as a result of this election, Kentucky led the nation in the largest drop in the percentage of residents without health insurance from 2013 to 2014.

The percentage of uninsured Kentuckians dropped to 8.5 percent in 2014 from 14.3 percent in 2013. The drop of 5.8 percentage points was double the national decrease of 2.9 percent. The report says 366,000 Kentuckians were uninsured in 2014, down 250,000 from 616,000 in 2013.

The vast majority of the newly insured enrolled in the expanded Medicaid program, which covers previously ineligible individuals whose income is up to 138 percent of the federal poverty level.


In addition, Kentucky (pdf) had 189,000 union members in 2014. (In addition to these members, another 30,000 wage and salary workers in Kentucky were represented by a union on their main job or covered by an employee association or contract while not union members themselves.) Thus, union members accounted for 11.0 percent of wage and salary workers in Kentucky, just under the national average of 11.1 percent.

According to the secretary of state’s office, election turnout in Kentucky was only 30.7 percent. Bevin (with 52 percent of the vote) defeated Democrat Jack Conway (who received 43 percent) to become only the second Republican governor in the state in four decades. Bevin’s election gives Republicans control of the executive branch along with a commanding majority in the state Senate. Democrats still have an eight-seat majority in the state House of Representatives.

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