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US politics

Dear GOP: Please don’t Cut Children’s Food Stamps: Our Rich aren’t Overtaxed

Juan Cole 12/21/2012

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The irrational GOP insistence on bankrupting our government by insisting on exempting the rich from taxes has reached the point where they just kicked 300,000 poor children off food stamps to give millionaires another tax break.

Their constant refrain is that Americans are over-taxed in world terms and that there is a danger of our firms (such patriots) going abroad if we tax them. But actually… no:

taxrates

Filed Under: US politics

About the Author

Juan Cole is the founder and chief editor of Informed Comment. He is Richard P. Mitchell Professor of History at the University of Michigan He is author of, among many other books, Muhammad: Prophet of Peace amid the Clash of Empires and The Rubaiyat of Omar Khayyam. Follow him on Twitter at @jricole or the Informed Comment Facebook Page

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