(OURFUTURE.ORG) — The new Republican budget (called the "Ryan Budget" by DC insiders) reflects current electoral reality: billionaires and corporations now finance candidates, and we get government of, by and for billionaires and corporations. The rest of us no longer matter, except as "the help" and, at least to the extent we haven't been entirely fleeced, a flock to harvest. This budget starts with $10 trillion in tax cuts -- mostly for the rich. After adding $10 trillion to the deficits Republicans then claim that severe cuts are necessary to "fight deficits." Right. Details below.
Keep in mind where we are starting from: The way our economy and tax system is already structured, the top 1% received 93% of income gains from recovery. As Mitt Romney's tax returns demonstrated, those at the very top -- whose income comes as checks generated by the money they already have -- already pay much lower tax rates than those of us who work for a living.