Yes, it will cost money. But don't worry, money is out there. Those top end Bush tax cuts are worth $43 billion annually. Restoring the estate tax for multi-millionaires brings in $50 billion. A financial transaction tax brings in $177 billion annually, and stabilizes our financial system to boot. Draw down our troops and rein in Pentagon procurements gives us another $100 billion every year for productive endeavors. That's without even trying bold new sources of revenue. More progressive taxation at the top end. Confronting corporate power and redirecting subsidies that go to agriculture, oil and pharmaceutical giants. Ferreting out the rest of those tax subsidies to move production offshore. We can do this.
Stop counting votes in the Senate! Introduce the bill. Put it to a vote. Dare the Republicans to go on record against a jobs program like this.
Today's news is unemployment figures. In November, there's an election. Which way do we want to go? Back to Bush? Or working together to build a new foundation? Forget the micro data. Remember who we are.
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This piece originally appeared at the Campaign for America's Future.
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