Friday, January 28, 2005

Ulterior Motive?

I've been wondering for awhile now if there was an ulterior motive behind the Bush push (all puns intended) on Social Security. Apparently, Kevin Drum was not only wondering this, but coming up with an awfully good prospect.

On the same subject (that is, the whole system is rigged so that the rich get richer and the rest of us don't), you should read this book now that its in paperback: Perfectly Legal : The Covert Campaign to Rig Our Tax System to Benefit the Super Rich--and Cheat Everybody Else.

Johnston describes in shocking detail the loopholes our government provides the "super rich"--from private individuals to profitable corporations—-to hide their wealth, to defer or evade tax payments, and to pass the bill to law-abiding middle-class Americans. The loss in revenue "imposes a severe cost on honest taxpayers" through reduced services, increased federal debt, and a weight on the middle class that threatens to impede its ability to achieve upward social mobility.


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