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    Top 1% of taxpayers receive more income than entire bottom half combined
From the Center on Budget and Policy Priorities:

Tax policy should lean against the rising tide of income inequality, not exacerbate it. During the first three decades after World War II, economic growth was  robust and widely shared: economy-wide productivity improvements were  accompanied by significant increases in the living standards of most  Americans. In recent decades, by contrast, the benefits of economic  growth have not been widely shared. CBO data show that between  1979 and 2007, the average after-tax income of the top 1 percent of  Americans grew by 281 percent, after adjusting for inflation, compared  to just 25 percent for the middle 20 percent of Americans, and ­­16  percent for the poorest fifth of the population.[13]
The tax cuts enacted in 2001 and  2003 provided the largest benefit to the highest-income households and  widened these yawning income disparities. Under these tax cuts,  households with incomes over $1 million stand to receive an average tax  cut of $130,000 in 2012, according to the Tax Policy Center, equivalent  to an increase of 6.3 percent in their after-tax income. Meanwhile,  households in the middle of the income spectrum will receive tax cuts  that equal 2.3 percent of their income. Households in the bottom  quintile will receive an average increase in income of less than 1  percent. [14] (See Figure 3.)

Summary: after tax incomes from Bush’s tax cuts:
Households > $1 million: increase of 6.3%
Households in middle income: increase of 2.3%
Households in bottom quintile: increase of < 1%

The GOP has been actively engaged in bottom-to-top income  redistribution. And because of God, guns, and gays, the fundamentalist  teabaggers will vote for it — despite their own precarious financial  situation.
Want it to stop? Vote next time.
via: @allisonkilkenny

    Top 1% of taxpayers receive more income than entire bottom half combined

    From the Center on Budget and Policy Priorities:

    Tax policy should lean against the rising tide of income inequality, not exacerbate it. During the first three decades after World War II, economic growth was robust and widely shared: economy-wide productivity improvements were accompanied by significant increases in the living standards of most Americans. In recent decades, by contrast, the benefits of economic growth have not been widely shared. CBO data show that between 1979 and 2007, the average after-tax income of the top 1 percent of Americans grew by 281 percent, after adjusting for inflation, compared to just 25 percent for the middle 20 percent of Americans, and ­­16 percent for the poorest fifth of the population.[13]

    The tax cuts enacted in 2001 and 2003 provided the largest benefit to the highest-income households and widened these yawning income disparities. Under these tax cuts, households with incomes over $1 million stand to receive an average tax cut of $130,000 in 2012, according to the Tax Policy Center, equivalent to an increase of 6.3 percent in their after-tax income. Meanwhile, households in the middle of the income spectrum will receive tax cuts that equal 2.3 percent of their income. Households in the bottom quintile will receive an average increase in income of less than 1 percent. [14] (See Figure 3.)

    Summary: after tax incomes from Bush’s tax cuts:

    • Households > $1 million: increase of 6.3%
    • Households in middle income: increase of 2.3%
    • Households in bottom quintile: increase of < 1%

    http://www.cbpp.org/images/cms//9-27-11tax-f3.jpg

    The GOP has been actively engaged in bottom-to-top income redistribution. And because of God, guns, and gays, the fundamentalist teabaggers will vote for it — despite their own precarious financial situation.

    Want it to stop? Vote next time.

    via: @allisonkilkenny

    — 3 years ago with 116 notes
    #politics  #class war  #income redistribution  #unemployment  #vote!  #war on the middle class  #botton-to-top income redistribution  #Bush's tax cuts  #Center on Budget and Policy Priorities  #GOP  #income inequality  #Republicans  #spending cuts for the rest of us  #tax cuts for the wealthy  #tax policy  #tea party 
    How did the rising tide capsize 99percent of the boats in America? →

    MaddowBlog: This is the graph Ezra used last night to explain why the Occupy Wall Street/99% protests aren’t simply a case of sour grapes and bitterness.

    You have to ask yourself — how is it that the one percent is doing so great? They haven’t been playing more by the rules. Or getting more educated. And — here’s the really important part if you want to understand why the other 99 percent are out protesting and why they’re calling their movement Occupy Wall Street — how come they haven’t brought anyone else along with them.

    Look at the relationship between the one percent — they’re the red line here. And everyone else — they’re the blue line.  If you look at what everyone was making in 1945, there was a while when we were all pretty near each other — there was a while when we rose and we fell together. And then we didn’t. Starting in about the 80s that just stopped. Read more…

    DailyKos: Kevin Drum keeps the focus of Occupy Wall Street front and center with this simple graph.

    Just keep reminding yourself: a mere three years after the financial industry nearly destroyed the planet, Wall Street is bigger and more profitable than ever while a tenth of the rest of us remain mired in unemployment. Even after nearly destroying the planet, virtually nothing has changed. That’s the outrage, not a few folks with funny costumes or wacky slogans. Always keep in mind whose side you’re on.

    Wall St rebound

    THIS ‘GREAT INCOME SHIFT’ means that there has been a bottom-to-top income redistribution going on since 1979 with our current tax laws. The 99 percent pay proportionally more of their income to taxes than the wealthiest 1 percent. Meanwhile the GOP and their benefactors want to convince us that the wealthiest should pay even LESS of their income to taxes than they do now. The Republican party’s plan for a reduction in revenue is to cut programs and services used by the 99 percent. You may wish to vote accordingly in 2012.

    — 2 years ago with 6 notes
    #class war  #income redistribution  #politics  #unemployment  #vote!  #war on the middle class  #99percent  #capsize the boats  #financial sector profits  #income inequality  #job creators  #jobs  #NOT sour grapes and bitterness  #occupywallstreet  #rising tide  #spending cuts for the rest of us  #tax cuts for the wealthy  #wall street bigger more profitable than ever 
    Rebellion: operating outside the system to be heard within the system →

    MANY OF THE PROTESTERS believe electoral politics is a farce, have no faith in the political system – the two party system – or in the press. It’s a fact that our current economy serves no one but the 1 percent, the plutocracy, the oligarchs. At such a point you either accept your circumstances, or you rebel.

    This is a goal the power elite cannot comprehend. They cannot envision a day when they will not be in charge of our lives. The elites believe, and seek to make us believe, that globalization and unfettered capitalism are natural law, some kind of permanent and eternal dynamic that can never be altered. What the elites fail to realize is that rebellion will not stop until the corporate state is extinguished. It will not stop until there is an end to the corporate abuse of the poor, the working class, the elderly, the sick, children, those being slaughtered in our imperial wars and tortured in our black sites.

    It will not stop until foreclosures and bank repossessions stop. It will not stop until students no longer have to go into debt to be educated, and families no longer have to plunge into bankruptcy to pay medical bills. It will not stop until the corporate destruction of the ecosystem stops, and our relationships with each other and the planet are radically reconfigured. And that is why the elites, and the rotted and degenerate system of corporate power they sustain, are in trouble. That is why they keep asking what the demands are. They don’t understand what is happening. They are deaf, dumb and blind.

    Chris Hedges | Why Corporate Elites Should Be Petrified of Occupy Wall Street

    OF COURSE IT IS ALSO A WELL-KNOWN FACT that not participating in the electoral system we now have only guarantees a win for the party whose participants always show up to vote “R”, no matter how far they have to ride their Li’l Rascals.

    — 2 years ago with 8 notes
    #class war  #income redistribution  #politics  #unemployment  #vote!  #war on the middle class  #99% vs. 1%  #99percent  #occupywallstreet  #plutocracy  #rebellion  #spending cuts for the rest of us  #tax cuts for the wealthy  #the oligarchs 
    &#8230;
According to the 2011 Republican Teaparty, the middle class pays too LITTLE in taxes
The [Republican] 2012 field is standing lockstep behind a less traditional idea: the middle class pays too little in taxes:

Thanks to a strange convergence of  conservative ideological trends since President Obama’s election,  Republicans now are expected to protest the entire bottom half of  taxpayers’ contributions as too stingy even while they proclaim  Americans are “Taxed Enough Already.” And they’ve yet to figure out a  policy that will satisfy both complaints at once.
In recent months, nearly every major  Republican candidate has name-checked a popular statistic that 47% of  Americans who file taxes paid no income tax in 2009. Given the GOP’s anti-tax zeal you’d think they’d be celebrating. Nope!
“Right now we know that 53% of Americans  pay income taxes and 47% do not,” Michele Bachmann told Bloomberg TV on  Tuesday. “I think we definitely need to change the tax code. We need to  get more in line. Everybody benefits from this magnificent country.  Everybody pay something.”
Not only do statements like Bachmann’s  seem to defy past Republican orthodoxy, but the candidates are  explicitly making the argument on the same fairness grounds that  progressives like Elizabeth Warren have used to demand greater taxes on  the rich. The idea isn’t just that tax breaks for the rich trickle down  the poor — it’s that they also deserve them more than freeloading Americans.

And then there’s Herman Cain’s Nein-Nein-Nein! plan:

However, a much longer list of economists  say Cain’s plan would be a tax hike for the lower middle class and a tax  windfall for the wealthy.
If you have a family of four with an  income of just under $50,000, they would pay more under the Cain plan.  Currently, they are taxed at just less than 7 percent and pay $3,400 in  income tax. Under Cain’s plan, they would be taxed at 9 percent or pay  $4,500.
That’s $1,100 more.
Although the family would save almost  $4,000 in Social Security taxes, it would have to give up the child tax  credit of $4,000. Furthermore, it would pay an additional national sales  tax of 9 percent on everything purchased, including groceries and  clothes, which totals about $2,000.
That means under the Cain plan that family would be almost doubling its taxes, going from $3,400 to $6,500.

But, tax cuts for the wealthy.
In 2012, you might wish to vote accordingly.
Related:
Tax cuts for the wealthy
Spending cuts for the rest of us

    According to the 2011 Republican Teaparty, the middle class pays too LITTLE in taxes

    The [Republican] 2012 field is standing lockstep behind a less traditional idea: the middle class pays too little in taxes:

    Thanks to a strange convergence of conservative ideological trends since President Obama’s election, Republicans now are expected to protest the entire bottom half of taxpayers’ contributions as too stingy even while they proclaim Americans are “Taxed Enough Already.” And they’ve yet to figure out a policy that will satisfy both complaints at once.

    In recent months, nearly every major Republican candidate has name-checked a popular statistic that 47% of Americans who file taxes paid no income tax in 2009. Given the GOP’s anti-tax zeal you’d think they’d be celebrating. Nope!

    “Right now we know that 53% of Americans pay income taxes and 47% do not,” Michele Bachmann told Bloomberg TV on Tuesday. “I think we definitely need to change the tax code. We need to get more in line. Everybody benefits from this magnificent country. Everybody pay something.”

    Not only do statements like Bachmann’s seem to defy past Republican orthodoxy, but the candidates are explicitly making the argument on the same fairness grounds that progressives like Elizabeth Warren have used to demand greater taxes on the rich. The idea isn’t just that tax breaks for the rich trickle down the poor — it’s that they also deserve them more than freeloading Americans.

    And then there’s Herman Cain’s Nein-Nein-Nein! plan:

    However, a much longer list of economists say Cain’s plan would be a tax hike for the lower middle class and a tax windfall for the wealthy.

    If you have a family of four with an income of just under $50,000, they would pay more under the Cain plan. Currently, they are taxed at just less than 7 percent and pay $3,400 in income tax. Under Cain’s plan, they would be taxed at 9 percent or pay $4,500.

    That’s $1,100 more.

    Although the family would save almost $4,000 in Social Security taxes, it would have to give up the child tax credit of $4,000. Furthermore, it would pay an additional national sales tax of 9 percent on everything purchased, including groceries and clothes, which totals about $2,000.

    That means under the Cain plan that family would be almost doubling its taxes, going from $3,400 to $6,500.

    But, tax cuts for the wealthy.

    In 2012, you might wish to vote accordingly.

    Related:

    — 2 years ago with 4 notes
    #class war  #income redistribution  #news  #politics  #unemployment  #vote!  #war on the middle class  #9 9 9  #99percent  #gop tea party  #Herman Cain  #middle class pays too little in taxes  #middle-class  #occupywallstreet  #Republicans  #spending cuts for the rest of us  #tax cuts for the wealthy 
    The Republican Teaparty plan: burn down the country now, win an election later →

    ON TUESDAY NIGHT, EVERY SINGLE REPUBLICAN SENATOR SCREWED OUR ECONOMY when they “overwhelmingly blocked The American Jobs Act from even coming to a vote on the floor of the U.S. Senate”:

    What would the American Jobs Act have accomplished?

    The bill would have reduced the deficit by $6 billion over ten years, according to the Congressional Budget Office. The Republicans filibustered deficit reduction.

    The bill would have created nearly two million new jobs. The Republicans filibustered the creation of two million new jobs.

    The bill would have increased the gross domestic product (GDP) by two points. The Republicans filibustered increasing the GDP.

    The bill would have cut taxes for 98 percent of businesses. The Republicans filibustered a tax cut for businesses.

    The bill would have offered a tax credit for military veterans returning from war. The Republicans filibustered a tax credit for the troops.

    The bill would have reduced unemployment by a full percentage point. The Republicans filibustered a reduction in unemployment.

    The bill would have been paid for by a 5.6 percent surtax on millionaires — a surtax that, again, a majority of Republican voters support. The Republicans filibustered paying for the bill.

    MEANWHILE ANOTHER ‘VERY SERIOUS’ REPUBLICAN, SEN. MARCO RUBIO (R-FL), wants to eliminate 1 out of every 10 federal employees over the next four years — eliminating almost half a million jobs during an ongoing unemployment crisis:

    Since the federal workforce is 4.4 million people, Rubio’s bill would leave 440,000 Americans out of work at a time when unemployment is still about 9 percent nationally. Although the title of the bill misleadingly suggests that the elimination of 10 percent of the federal workforce would occur “through attrition,” the language of the bill, and its short timeline, make it clear that Rubio has mass layoffs in mind.

    Occupy Wall Street now, but you might want to occupy the voting booth in 2012.

    — 2 years ago with 33 notes
    #class war  #income redistribution  #politics  #unemployment  #vote!  #war on the middle class  #99percent  #american jobs act  #federal employees  #GOP  #jobs  #lay off federal employees  #Marco Rubio  #occupywallstreet  #President Obama  #Republicans  #Senate  #tea party 
    &#8230;
Cain reveals he’s bought and paid for by the Koch brothers. Why is the audience cheering wildly about that?
About this audience cheering Cain:
I will NEVER understand the priorities / ideals of today’s Republican  voter base and their support of corporations and billionaires opening  buying elections and running Washington DC. “Patriots” my ass. They  embrace fascism because they hate Democrats that much. 2012 is coming.  If you didn’t vote in 2010, you might want to vote this time.

    Cain reveals he’s bought and paid for by the Koch brothers. Why is the audience cheering wildly about that?

    About this audience cheering Cain:

    I will NEVER understand the priorities / ideals of today’s Republican voter base and their support of corporations and billionaires opening buying elections and running Washington DC. “Patriots” my ass. They embrace fascism because they hate Democrats that much. 2012 is coming. If you didn’t vote in 2010, you might want to vote this time.

    — 2 years ago with 9 notes
    #news  #politics  #unemployment  #vote!  #war on the middle class  #99percent  #americans for prosperity foundation  #cain is bought and paid for by the koch brothers  #GOP  #Herman Cain  #Koch brothers  #ows  #Republicans  #tea party  #class war  #income redistribution 
    &#8230;
The Guilded Age we’re not supposed to talk about 
Income redistribution and class warfare — we haz it. Two Americas. Steve Benen discusses a NYTimes article:


In the eight decades before the recent  recession, there was never a period when as much as 9 percent of  American gross domestic product went to companies in the form of  after-tax profits. Now the figure is over 10 percent.
During the same period, there never  was a quarter when wage and salary income amounted to less than 45  percent of the economy. Now the figure is below 44 percent.
For companies, these are boom times. For workers, the opposite is true.




There’s just no way to spin this. We’re looking at an era in which, at least as a share of the larger economy, after-tax  corporate profits have soared to levels unseen since we began keeping  track, whole after-tax incomes have fallen to levels unseen in  generations.
[&#8230;] Republicans look at these conditions and, with a straight face, insist that more must be done to intensify these circumstances, and blame President Obama for creating an uncooperative climate for corporations.
Read it all…

Look at the personal wage and salary income vs. corporate profits charts above during the ’90s (Clinton) as compared to the 00′s (Bush). I  guess we can ‘fix’ things with more tax cuts for the rich. Right? But the Occupy protesters are the crazy ones…

    The Guilded Age we’re not supposed to talk about

    Income redistribution and class warfare — we haz it. Two Americas. Steve Benen discusses a NYTimes article:

    In the eight decades before the recent recession, there was never a period when as much as 9 percent of American gross domestic product went to companies in the form of after-tax profits. Now the figure is over 10 percent.

    During the same period, there never was a quarter when wage and salary income amounted to less than 45 percent of the economy. Now the figure is below 44 percent.

    For companies, these are boom times. For workers, the opposite is true.

    There’s just no way to spin this. We’re looking at an era in which, at least as a share of the larger economy, after-tax corporate profits have soared to levels unseen since we began keeping track, whole after-tax incomes have fallen to levels unseen in generations.

    […] Republicans look at these conditions and, with a straight face, insist that more must be done to intensify these circumstances, and blame President Obama for creating an uncooperative climate for corporations.

    Read it all…

    Look at the personal wage and salary income vs. corporate profits charts above during the ’90s (Clinton) as compared to the 00′s (Bush). I guess we can ‘fix’ things with more tax cuts for the rich. Right? But the Occupy protesters are the crazy ones…

    — 2 years ago with 4 notes
    #news  #politics  #ows  #class war  #unemployment  #vote!  #war on the middle class  #2012  #99percent  #corporate profits  #guilded age  #ows  #personal wage and salary income  #restraining order  #spending cuts for the rest of us  #steve benen  #tax cuts for the wealthy  #two Americas 
    Remember that “Teaparty mandate” election in 2010? →

    The thrill is long gone:

    …a new Gallup poll out this week shows more Americans today are dissatisfied with Congress than ever before.

    The governing body is now set to end 2011 with the lowest one-time approval rating in its history: 11 percent. Their annual average for 2011 came to a whopping 17 percent, which is also the lowest ever recorded.

    [..] Fifty-five percent also agreed that “the political system can work fine, it’s the members that are the problem…”


    image: cognitivedissonance

    Instead of trying to ‘make a statement’ or ‘teach someone a lesson’ by not voting, like some of us did in 2010, let’s try occupying a voting booth and cleaning up this mess in 2012 — unless you actually condone policies like more tax cuts for the wealthy paid for with more austerity measures for the rest of us. Then by all means, do nothing. Your vote really doesn’t matter.

    — 2 years ago with 4 notes
    #news  #politics  #unemployment  #vote!  #class war  #income redistribution  #war on the middle class  #2010  #2012  #elections  #fire them all  #GOP  #Republicans  #Teaparty 
    &#8230;
Attention federal employees: here’s a proposal you’ll never see from the Republican Party
If you’re employed by Uncle Sam and still voting GOP, you’re a self-loathing moron.

The White House will propose a 0.5 percent  pay increase for civilian federal employees as part of its 2013 budget  proposal, according to two senior administration officials familiar with  the plans.
The modest across-the-board pay jump would be the first increase for federal workers since before a two-year freeze began in late 2010. Raises for within-grade step increases and promotions have continued during the freeze.
[&#8230;] But, “a permanent pay freeze is not  an acceptable policy,” one of the senior administration officials said  Friday. “While modest, a 0.5 percent increase reflects the  belt-tightening we must do in these difficult times.
[&#8230;] But the pay bump is well below the  3.6 percent cost of living adjustment that went into effect this week  for Social Security recipients and most federal retirees to keep pace  with inflation. It is also far below private sector earnings, which  climbed roughly 2 percent in 2011, according to the Bureau of Labor  Statistics.
Read full article&#160;&#187;
Unions applauded the thaw in the pay freeze, even though the planned raise would be small.
“Although we would have preferred a larger  increase as prescribed by law, it is nonetheless a welcome development  that the magnitude of federal employees’ sacrifice in recent years is  being acknowledged,” said William Dougan, national president of the  National Federation of Federal Employees.
Read full article&#160;&#187;

Related:
The wealth of Congress has TRIPLED in 25 years and other info you’ll never see on Fox “News” [LINK]
Mitt Romney is worth over $250 million, says federal workers make more than him [LINK]
All posts for federal employees

    Attention federal employees: here’s a proposal you’ll never see from the Republican Party

    If you’re employed by Uncle Sam and still voting GOP, you’re a self-loathing moron.

    The White House will propose a 0.5 percent pay increase for civilian federal employees as part of its 2013 budget proposal, according to two senior administration officials familiar with the plans.

    The modest across-the-board pay jump would be the first increase for federal workers since before a two-year freeze began in late 2010. Raises for within-grade step increases and promotions have continued during the freeze.

    […] But, “a permanent pay freeze is not an acceptable policy,” one of the senior administration officials said Friday. “While modest, a 0.5 percent increase reflects the belt-tightening we must do in these difficult times.

    […] But the pay bump is well below the 3.6 percent cost of living adjustment that went into effect this week for Social Security recipients and most federal retirees to keep pace with inflation. It is also far below private sector earnings, which climbed roughly 2 percent in 2011, according to the Bureau of Labor Statistics.

    Read full article »

    Unions applauded the thaw in the pay freeze, even though the planned raise would be small.

    “Although we would have preferred a larger increase as prescribed by law, it is nonetheless a welcome development that the magnitude of federal employees’ sacrifice in recent years is being acknowledged,” said William Dougan, national president of the National Federation of Federal Employees.

    Read full article »

    Related:

    • The wealth of Congress has TRIPLED in 25 years and other info you’ll never see on Fox “News” [LINK]
    • Mitt Romney is worth over $250 million, says federal workers make more than him [LINK]
    • All posts for federal employees
    — 2 years ago with 5 notes
    #news  #politics  #survival  #vote!  #war on the middle class  #class war  #Democrats  #federal employees  #federal workers  #feds  #GOP  #pay freeze  #pay increase  #President Obama  #Republicans  #uncle sam 
    "Karl Rove, Mitt Romney and the rest of the assholes in the Republican Party could learn something from the phrase, “Imported from Detroit,” don’t you think? Yes, the auto bailouts worked. You want to make the life or death of the American manufacturing industry about politics? Please do. Go for it. There are many of us who are fully aware of which side you’ve been on for the past three decades…"
    — 2 years ago with 8 notes
    #news  #politics  #vote!  #war on the middle class  #class war  #income redistribution  #advertisement  #american industry  #American workers  #chicago-style politics  #Chrysler  #clint eastwood  #failure  #Fox News  #George W Bush  #GOP  #halftime in america  #imported from detroit  #karl rove  #Mitt Romney  #President Obama  #Republicans  #rove was offended  #success  #turd blossom  #U.S. labor  #us manufacturing 
    If you have any friends or family employed by the federal government who also support the GOP… →

    …be sure to show them this link / story from the Washington Post. Maybe ask them why they hate themselves, or how they could support cutting their own throats by voting for a political party which so clearly despises them as a group?

    REPUBLICANS KEEP FOCUS ON FEDERAL WORKERS (note: headline changed by me)

    A bill under consideration Tuesday by the House Oversight and Government Reform Committee would force workers to pay 1.5 percent more toward their pensions over three years beginning in 2013. The bill is expected to pass the committee on a party-line vote, then move to the full House for consideration.

    But the bill under consideration today is just one of several GOP proposals to curtail federal pay and benefits that is moving through the legislative process. Let’s briefly recap the bills under consideration:

    1.) The Securing Annuities for Federal Employees Act of 2012The bill would calculate federal retirement based on a federal employee’s highest five years of earnings instead of the current rate, which calculates the highest three years. The change would apply only to workers hired after this year and who do not have at least five years of previous federal service. Notably, lawmakers also would be included. The bill also would force pension contributions to rise 1.5 percent over three years and make other changes that would force many employees to pay more for a smaller retirement program.

    2.) Honest Budget Act: The bill would make it more difficult for Congress to pass appropriations bills without first approving a budget. It also tightens rules on paying for natural disasters that increase overall spending. Tucked within the bill, however, are provisions that would freeze all within-grade step increases for federal employees. Virtually every federal employee eligible for the pay bump earns it, according to the Office of Personnel Management, and payouts average about $2,000 as a worker graduates through the 10 steps of a grade in the 15-grade General Schedule pay system.

    3.) Extending the Federal Pay Freeze One More Year: The bill would extend a pay freeze for federal employees, congressional staffs and lawmakers for one more year, beginning in 2013.

    4.) Down Payment to Protect National Security Act of 2012 : The bill would extend the federal employee pay freeze through June 2014 and cut the federal workforce by 5 percent through attrition. Supporters say those cuts would shore up sequestration cuts in defense spending set to take effect next year.

    Sens. John Cornyn (R-Tex.), left, and John McCain (R-Ariz.), right, are also pushing federal pay cuts. (Pete Marovich – GETTY IMAGES)    

    As National Treasury Employees Union President Colleen M. Kelley said, reducing wages and benefits to federal workers (and to unionized workers and to middle-class workers), is the Republican Party’s plan for a “race to the bottom for the American worker.” Who benefits? Corporations and the one percent — pay less for the same work and pocket more money at the end of the day.

    Read more…

    — 2 years ago
    #news  #politics  #vote!  #war on the middle class  #federal workers  #federal employees  #gop  #republicans  #teaparty