I wanted to see how much a favor Rubio did low income families with his act today.
For a family w 2 kids, the average cost of daycare is $2k/month.@marcorubio just secured $25/month for that family.
This same bill allows wealthy kids to inherit $11 million tax free.
— Andy Slavitt (@ASlavitt) December 15, 2017
One of the great myths of America is that we are not a class-based society, and that you and I matter as much as our betters. As once explained to me, we don’t have a House of Lords, we have a Senate, and of course any fool can grow up to be President. And has. But I digress.
As uncomfortable as discussing race is to Americans, discussing class is even more uncomfortable. And so as we face down the Billions for Billionaires bill, keep that thought in mind.
We are in a class war. We just don’t know it yet.
I’ve read that the reason that working class people vote for Republican tax schemes is that they think someday that they will benefit from them when they too become rich.
They look around and see themselves in a line and think others (and you KNOW who these others are, ahem) are cutting in line ahead of them, but what they do not see is who is at the head of the line.
Growing up in the age of Dynasty and Dallas, those shows gave us a cartoonish look at rich people. But we never saw Ewings and Carringtons in real life. The big house in town might be owned by a very well-off doctor, but was probably not owned by Paris Hilton.
Likewise, the truly wealthy are cosseted and do not see poor people. They have private planes to whisk them away and a whole system of VIP lines, lounges, and doors to keep them separate from we Untouchables. Remember when Grandpa Walnuts really thought middle class began at $5M Ameros? We are as exotic and strange to them as they are to us. But their bubble is what keeps us apart.
Possum Hollar watches Fox and scorns elites, but they do not see truly, obscenely wealthy people, the true elites on teevee or in real life. The vast wealth of a Bill Gates or Mark Faceberg is invisible to them. I think that if they were to see how stacked the odds are for a Gates or Faceberg, Possum Hollar might not be so quick to give up things to give to the ruling class. And to beg for crumbs.
In absolute dollars what a Gates or Faceberg pays in taxes astonishes them, but what is never (or rarely) mentioned is how much money Gates et al have after taxes, and how much money their children will inherit (and in Trust to make it tax-free; the inheritance tax is a joke).
If anything positive comes out of this tax bill, I hope that it is a realization that we are serfs.