- Banned
- #1
The end of the teabaggers
Conservative U.S. governors who came to power during the 2010 tea party electoral wave are facing a reality check. A few years ago, catering to a far-right constituency, they campaigned on pledges of slashing taxes and bolstering business. Their subsequent policies have benefited the wealthy but failed to bring trickle-down prosperity to their states.
It is the morning after the tea party. Republican governors are waking up to a sluggish job market, stagnant wages, state deficits and impoverished services. The party’s trickle-down ideology is no way to manage a government. And a state cannot be run on tax cuts alone.
Recent headlines are much different than those in 2010: “Republican governors buck party line on raising taxes,” read a recent headline in The New York Times. “Tax increases a much-regretted necessity for Republican governors,” said another in Bloomberg. “Republican governors are flirting with tax hikes,” the Christian Science Monitor noted.
Conservative governors now recognize the need to generate revenue to maintain schools and highways. But they are still not taking responsibility and cleaning up the messes they have created. Rather than reversing tax cuts for the wealthy, many are implementing regressive measures that penalize middle-class taxpayers.
“Of the 10 or so Republican governors who have proposed tax increases, nearly all have called for increases in consumption taxes, which hit the poor and middle class harder than the rich,” The New York Times reported last month. This includes new taxes on gas, e-cigarettes, movie tickets and services such as haircuts.
Tea Party s Voodoo Economic Policy Not Working Al Jazeera America
Conservative U.S. governors who came to power during the 2010 tea party electoral wave are facing a reality check. A few years ago, catering to a far-right constituency, they campaigned on pledges of slashing taxes and bolstering business. Their subsequent policies have benefited the wealthy but failed to bring trickle-down prosperity to their states.
It is the morning after the tea party. Republican governors are waking up to a sluggish job market, stagnant wages, state deficits and impoverished services. The party’s trickle-down ideology is no way to manage a government. And a state cannot be run on tax cuts alone.
Recent headlines are much different than those in 2010: “Republican governors buck party line on raising taxes,” read a recent headline in The New York Times. “Tax increases a much-regretted necessity for Republican governors,” said another in Bloomberg. “Republican governors are flirting with tax hikes,” the Christian Science Monitor noted.
Conservative governors now recognize the need to generate revenue to maintain schools and highways. But they are still not taking responsibility and cleaning up the messes they have created. Rather than reversing tax cuts for the wealthy, many are implementing regressive measures that penalize middle-class taxpayers.
“Of the 10 or so Republican governors who have proposed tax increases, nearly all have called for increases in consumption taxes, which hit the poor and middle class harder than the rich,” The New York Times reported last month. This includes new taxes on gas, e-cigarettes, movie tickets and services such as haircuts.
Tea Party s Voodoo Economic Policy Not Working Al Jazeera America