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And, yes, I DO take it personally: Why does Congress hate Americans (except the rich, of course)...?
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Friday, June 23, 2006

Why does Congress hate Americans (except the rich, of course)...?

adding riches to the rich...
Two weeks ago, the Senate killed an effort to repeal the federal estate tax on multimillion-dollar fortunes. The "no" votes were a stand for budget sanity and basic fairness. But the pro-repeal camp doesn't want to take no for an answer.

Yesterday, the House of Representatives passed an estate-tax cut that is a repeal in everything but name. The so-called compromise would exempt more than 99.5 percent of estates from tax, slash the tax rates on the rest and cost at least $760 billion during its first full decade. Of that, $600 billion is the amount the government would have to borrow to make up for lost revenue from the cuts, which would benefit the heirs of America's wealthiest families, like the Marses of Mars bar and the Waltons of Wal-Mart Stores. The remaining $160 billion is the interest on that borrowing, which would be paid by all Americans.

making sure the poor stay poor...
Senate Democrats tried unsuccessfully this week to raise the federal minimum wage, which stands at just $5.15 an hour. It has not been increased in nearly a decade, and at its current stingy level, the rate flies in the face of Americans' belief that those who work hard and play by the rules will be rewarded. A minimum-wage worker earns just $10,700 a year, nearly $6,000 below the poverty line for a family of three.

and, never one to shrink from telling it like it is, jon stewart says...
Congress Shits on the Poor

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