comments_image -

Maybe We Deserve to Be Ripped Off By Bush's Billionaires

While America obsessed about Brittany's shaved head, Bush offered a budget that offers $32.7 billion in tax cuts to the Wal-Mart family alone, while cutting $28 billion from Medicaid.
 
 
LIKE THIS ARTICLE ?
Join our mailing list:

Sign up to stay up to date on the latest headlines via email.

 
 
 
 

"Now, after she shaved her head in a bizarre episode that culminates a months-long saga of controversial behavior, it's the question being asked by her fans, her foes and the general public: What was she thinking?"-- Bald and Broken: Inside Britney's Shaved Head, Sheila Marikar, ABC.com, Feb. 19
What was she thinking? How about nothing? How about who gives a shit? How's that for an answer, Sheila Marikar of ABC news, you pinhead?

I'm not one of those curmudgeons who freaks out every time that Bradgelina moves the war off the front page of the Post, or Katie Couric decides to usher in a whole new era of network news with photos of the imbecile demon-spawn of Tom Cruise and Katie Holmes. I understand that we live in a demand-based economy and that there is far more demand for brainless celebrity bullshit than there is, say, for the fine print of the Health and Human Services budget.

But that was before this week. I awoke this morning in New York City to find Britney Spears plastered all over the cover of two gigantic daily newspapers, simply because she cut her hair off over the weekend. To me, this crosses a line. My definition of a news story involves something happening. If nothing happens, then you can't have "news," because nothing has changed since the day before. Britney Spears was an idiot last Thursday, an idiot on Friday, and an idiot on both Saturday and Sunday. She was, shockingly, also an idiot on Monday. It will be news when she stops being an idiot, and we'll know when that happens, because she'll have shot herself for the good of the planet. Britney Spears cutting her hair off is the least-worthy front page news story in the history of humanity.

Apparently, from now on, every time a jackass sticks a pencil in his own eye, we'll have to wait an extra ten minutes to hear what happened on the battlefield or in Congress or any other place that actually matters.

On the same day that Britney was shaving her head, a guy I know who works in the office of Senator Bernie Sanders sent me an email. He was trying very hard to get news organizations interested in some research his office had done about George Bush's proposed 2008 budget, which was unveiled two weeks ago and received relatively little press, mainly because of the controversy over the Iraq war resolution. All the same, the Bush budget is an amazing document. It would be hard to imagine a document that more clearly articulates the priorities of our current political elite.

Not only does it make many of Bush's tax cuts permanent, but it envisions a complete repeal of the Estate Tax, which mainly affects only those who are in the top two-tenths of the top one percent of the richest people in this country. The proposed savings from the cuts over the next decade are about $442 billion, or just slightly less than the amount of the annual defense budget (minus Iraq war expenses). But what's interesting about these cuts are how Bush plans to pay for them.

Sanders's office came up with some interesting numbers here. If the Estate Tax were to be repealed completely, the estimated savings to just one family -- the Walton family, the heirs to the Wal-Mart fortune -- would be about $32.7 billion dollars over the next ten years.

The proposed reductions to Medicaid over the same time frame? $28 billion.

Or how about this: if the Estate Tax goes, the heirs to the Mars candy corporation -- some of the world's evilest scumbags, incidentally, routinely ripped by human rights organizations for trafficking in child labor to work cocoa farms in places like Cote D'Ivoire -- if the estate tax goes, those assholes will receive about $11.7 billion in tax breaks. That's more than three times the amount Bush wants to cut from the VA budget ($3.4 billion) over the same time period.

submit to reddit

-
Email
Print
Share
LIKED THIS ARTICLE? JOIN OUR EMAIL LIST
Stay up to date with the latest AlterNet headlines via email
See more stories tagged with: media, estate tax, tax cuts, brittany spears
Advertisement
Most Read
Most Emailed
Most Discussed
On REDDIT
On DIGG
 
loading most read content ..
Advertisement
AlterNet Radio: What's At Stake in Wisconsin; Real "Defense" Budget Is $1 Trillion; the Right's Phony Race War

By Staff | AlterNet

 
 
Fox, Breitbart, and Ricketts Try to Bring Back D'Souza's Pseudo-Birtherism

By Steve M | No More Mister Nice Blog

 
 
Activists Speak Out Against Lack of Access to Bradley Manning

By Agence France Presse

 
 
NYPD Catches Sexual Assailant, Then Lets Him Go Free Because He Didn't Feel Like Being Questioned

By Jill F | Feministe

 
 
Gov. Scott Orders Purging of Florida’s Voter Rolls - Just in Time For Prez Election

By Adele Stan | AlterNet

 
 
Abortion Clinics Across Country Put On Alert In Wake of Georgia Clinic Arson Cases

By Robin Marty | RH Reality Check

 
 
Former GOP Congresswoman Blasts New GOP Women’s Caucus: ‘They’re Not Voting In Best Interest Of All Women’

By Josh Israel | ThinkProgress

 
 
Debbie Wasserman Schulz is Wrong on Wisconsin

By LaFeminista | DailyKos

 
 
Pro-Coal Group Pays People to Wear Its Shirts at EPA Hearing

By Heather Moyer | Sierra Club

 
 
Kids Inundate NY Governor With Concerns About Fracking

By Seth Gladstone | Food and Water Watch

 
 
 
 
 
loading ...
POWERED BY DIGG'S USERS
 
[ page served from web 1 ]