Vote for GOP = Vote for 1%

The title of this post couldn't be more evident than in this chart of the % share of tax cuts by income proposed by each of the leading GOP candidates for president.  Disregarding the economic reality that cutting taxes during a recession is insanely idiotic and goes against every economic principle of every sane human and disregarding what this loss of revenue for the government would do to the deficit that the GOP claims to care so much about (only when they are not in the presidency), what's so tragically sad is that the GOP's plans to revive a failing economy that has only provided wealth for the richest 1% of Americans is to -- get this -- give huge chunks of money to the 1% of us who aren't suffering in this economy and who haven't been suffering and who, in all analyses, helped bankrupt the economy, and who aren't creating jobs in this economy as it is.  Seriously, if you vote for a candidate espousing these beliefs on the most important issue in 2012, you just -- I can't -- there are no words...

■ Former House Speaker Newt Gingrich’s $18.1 trillion tax plan would give the richest one percent of
Americans an average tax cut of $391,330, which would be over 190 times as large as the average tax cut of
$1,990 that the middle fifth of Americans would receive.
■ Texas Governor Rick Perry’s $10.5 trillion tax plan would give the richest one percent of Americans an
average tax cut of $272,730, which would be over 270 times as large as the average tax cut of $1,000 that the
middle fifth of Americans would receive.
■ Former Massachusetts Governor Mitt Romney’s $6.6 trillion tax plan would give the richest one percent of
Americans an average tax cut of $126,450, which would be over 100 times as large as the average tax cut of
$1,220 that the middle fifth of Americans would receive.
■ Former Senator Rick Santorum’s $9.4 trillion tax plan would give the richest one percent of Americans an
average tax cut of $217,500, which would be over 100 times as large as the average tax cut of $2,160 that the
middle fifth of Americans would receive.

Some Mitt-specific data after the jump...

Now see if you can spot the possible connection between that story, and this one. Mother Jones made a handy chart of the top 20 political donors in America and who they were putting their money behind. Go here for the charts, but we'll just focus in on the punchline:

17 out of 20 are giving to Republican or conservative groups and candidates. And half of the top 20 are major donors to the pro-Mitt Romney super-PAC Restore Our Future:

Why, that's odd. Of the top political donors in America, a who's-who of Wall Street tycoons, media moguls and several associates of some curious outfit called Bain Capital, all people ranging between ridiculously wealthy and buy-your-own-island wealthy, fully half of them are big Mitt Romney supporters. How very curious. How very puzzling!

 

(keep letting the rich buy and pay for our government or do something about it, my fellow citizens.... although at this point the only thing I know for sure to do is to throw out the GOP Congress and don't vote for Mitt Romney.  Oh and definitely vote for Elizabeth Warren if you live in Massachusetts.  But yeah... sigh).

Comments

[LegFuJohnson]

Of course, just because a President has a "tax plan" doesn't mean it's actually going to ever be signed into law.

What was Obama's tax plan?

[Jessica]

the ltefies are peeing in their pants in anticipation, but my guess is they will be disappointed (in which case, they will probably pee in their pants anyway).