Wednesday, January 22, 2014

Lab Rats

North Carolina has become the laboratory for all things teabagger. The latest:

... That change was overshadowed by the GOP’s broader changes to the basic shape of the income tax code in the state to favor the rich and harm the rest.
Along with the disappearance of the EITC, low-income North Carolinians will be paying higher taxes in order to pay for a tax cut for the richest people in the state. Republicans moved from a two-tiered, progressive income tax system to a flat tax rate of 5.8 percent. A person who earns a million dollars per year will get a roughly $10,000 tax cut thanks to that move, but the bottom 80 percent of the income distribution will see their taxes rise. That means that four out of five taxpayers in the state were going to pay more next year even before the EITC repeal. ...
I'd say we'll see their perversity play out till there's no more North Carolina; but that's actually sort of what they want. Their governor has explicitly said he wants to force poor people to move somewhere else. Which sort of perfectly condenses it. Avoid responsibility; let someone else worry about it; espouse economic policy that only works for some and which, if adopted by all, would be self-defeating.


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