Tuesday, November 9, 2010

The first thing the mega-millionaires who financed the winners this November will go after is more money for themselves. They’ll call it tax relief for small business, but it’s really a further shift of US resources into the hands of a tiny elite. Nothing exposes the corruption of American politics more plainly than how politicians have twisted the tax system over the last few decades to favor big political donors. Read the essay by Nicholas Kristof about the US as a Banana Republic and, bringing it home, read the report from the NC Justice Center about who bears the cost of taxes in North Carolina. Will people demand that the government put money into job creation rather than give it to the wealthiest 2% of the people?