{"id":4536,"date":"2011-04-10T03:49:25","date_gmt":"2011-04-10T10:49:25","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=4536"},"modified":"2011-04-10T03:49:25","modified_gmt":"2011-04-10T10:49:25","slug":"socialism-like-reagan","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2011\/04\/10\/socialism-like-reagan\/","title":{"rendered":"Socialism Like Reagan?"},"content":{"rendered":"

I realize that any suggestion that the super-rich should have to return any of the nation\u2019s wealth redistributed to them from the poor and middle classes is pure Socialism.  I\u2019m sorry.  I just can\u2019t help it.  And I\u2019m not asking for a whole lot of socialism, just a little socialism, like Reagan.<\/font><\/p>\n

\n

\"10ronald-reagan1\"Last night President Obama and congressional negotiators cut a deal to keep the government running, cutting \u201c$38.5 billion under current funding levels, per Republican demands,\u201d and $78 billion<\/a> below what Obama called for in his initial 2011 budget. <\/p>\n

Yet as Republicans and Democrats continue to battle over the deficit within a political framing that includes taking aim at Pell Grants for low-income students \u2014 which Obama preemptively proposed to cut, calling summer grants \u201ctoo expensive<\/a>,\u201d while Republicans want far deeper cuts than that \u2014 Head Start funding, and other programs from Main Street Americans, there is one group of Americans that seems to be getting away without having any sacrifices demanded of them: the very richest<\/font><\/strong>. <\/p>\n

As this chart from from Wealth for the Common Good shows, the top 400 taxpayers \u2014 who have more wealth<\/a> than half of all Americans combined \u2014 are paying lower taxes than they have in a generation, as their tax responsibilities have slowly collapsed since the New Deal era as working families have been asked to pay more and more:<\/p>\n

\"10tax\"<\/p>\n

There have been a handful of proposals by congressional progressives to once again put requiring more sacrifice from the luckiest among us back on the table. The Congressional Progressive Caucus recently unveiled a \u201cPeople\u2019s Budget<\/a>\u201d that would boost taxes on the wealthiest Americans, returning them to levels closer to where they were under Ronald Reagan\u2019s first term \u2014 hardly socialism\u2026 [emphasis added<\/em>] <\/p>\n<\/blockquote>\n

Inserted from <Think Progress<\/a>><\/p>\n

Actually, maybe it might be better to adopt the tax rates of that uber-Marxist, Dwight D. Eisenhower. <\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

I realize that any suggestion that the super-rich should have to return any of the nation\u2019s wealth redistributed to them from the poor and middle classes is pure Socialism.  I\u2019m sorry.  I just can\u2019t help it.  And I\u2019m not asking for a whole lot of socialism, just a little socialism, like Reagan. Last night President […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4536","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/4536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=4536"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/4536\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=4536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=4536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=4536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}