Why Are Tax Cuts for the Rich the top Priority for Republicans?

I can’t understand why the Republicans in Congress have chosen as their most important issue extending the Bush Tax cuts to those making $250,000 per year. Trickle-down economics is a theory, but it has become a core value for Republicans.

Unfortunately, this value is in direct opposition to the Christian values that most Republicans claim to hold dear. the following excerpt from Ethics Daily makes this point clearly:

Americans are in a dream world about cutting taxes. And we had better wake up.

Interviewed in "Sacred Texts, Social Duty," a documentary on faith and taxes, Ralph Martire, executive director of the nonpartisan Center for Tax and Budget Accountability in Chicago, said, "There is no data to support the stance that the way you grow the economy is to cut taxes on the wealthy and support corporate giveaways."

Aside from the lack of empirical evidence that cutting taxes on the rich benefits the entire society, the tax-cut religion is a false religion. It's a fictitious belief that protecting the rich will reward society.

The biblical witness teaches the reverse – protecting the poor creates a good society.

http://www.ethicsdaily.com/reagans-budget-director-wants-bush-tax-cuts-to-expire-critiques-tax-cut-religion-cms-16968

1 comment:

  1. i think the republicans are paying back favors to special interest groups or wealthy donors.

    ReplyDelete