Wednesday, November 28, 2012

Billmon: The GOP tax Plan: Leave no billionaire behind


Amid the endless (and endlessly confusing) Beltway chatter about the deal that supposedly will keep the U.S. economy from gunning it over the fiscal cliff on New Year’s Day, one thing has already become crystal clear: The Republican strategy for protecting its plutocratic donor base from the party’s inevitable surrender on taxes.

Basically, it consists in offering up the 20% as human shields to protect the 0.0001% from the rapacious revenue demands of the 47%.

Who says Republicans don’t do math?

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