B12 Solipsism

Spreading confusion over the internet since 1994

The Republican Plan

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Money Doesn't Help
Money Doesn’t Help

For all their talk about social conservatism principles, the main mission of the Republican Party for decade has been simple: lower taxes for the rich folks, and their businesses. There are no other agendas, really, that Conservatives agree upon. The religious stuff, the anti-abortion stance, the destruction of unions, especially teachers unions, all that is secondary.

Jonathan Chait writes:

Part of the confusion is that Republicans have been saying for months that they really just want to stop tax rates from raising. They’re happy — nay, eager — to make the rich pay more taxes by reducing their tax deductions. Certain conservative economists believe this as well. Since Obama is offering to increase revenue in exactly this way, his plan might seem inoffensive to Republicans. Republican economist Martin Feldstein proposed a deduction cap that would raise four times as much revenue as Obama is asking! Ezra Klein can’t understand why Republicans won’t accept a deal to reduce the tax deductions they’ve been calling a pollution of the tax code, especially in return for entitlement cuts.

The answer to this piece of the mystery is clear enough: Republicans in Congress never actually wanted to raise revenue by tax reform. The temporary support for tax reform was just a hand-wavy way of deflecting Obama’s popular campaign plan to expire the Bush tax cuts for the rich. Conservative economists in academia may care about the distinction between marginal tax rates and effective tax rates. But Republicans in Congress just want rich people to pay less, period. I can state this rule confidently because there is literally not a single example since 1990 of any meaningful bloc of Republicans defying it.

What has aided the easy reversion to form, with low taxes for the rich dominating all other considerations, is the pent-up rage and betrayal John Boehner has engendered among his most conservative members. Almost nothing Boehner has done since taking over as speaker has endeared him to his ultras. Every subsequent compromise creates more embitterment, and the last few moves have provoked simmering rage. Conservatives had to swallow a tax hike, and then swallow an increase in the debt ceiling. Boehner has, incredibly, had to promise his members that he will not enter private negotiations with Obama.

(click here to continue reading The Republican Sequestration Plan — Daily Intelligencer.)

Written by Seth Anderson

March 1st, 2013 at 9:46 am

Posted in politics

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