Tuesday, August 16, 2011

More Taxes for More Wars?

Scrambled Brains in High Places

Photo: Wasted War Junk in Iraq

By Carl Davidson
Keep On Keepin' On

Members of Congress had best be careful. If it hasn't already done so, the 'deficit madness' virus circulating in those hallowed halls will turn your brains into scrambled eggs.

That's the conclusion to draw from the latest bright idea from Rep. Jim McGovern (D-Mass) reported in the Aug 16 Washington Post-a new tax surcharge on taxpayers across the board to pay for the ongoing wars in Iraq and Afghanistan.

"These wars ought to be paid for and not put on a credit card so that our kids will have to pay for this in the future," McGovern said in a recent telephone interview. It's morally wrong for members [of Congress] to call for support of our soldiers and then not ask the rest of us to pay for it .?.?. or have it left to the poor and middle-income and seniors to bear the sacrifice along with our soldiers and their families. That's wrong."

McGovern wants the 'Super-Congress' Deficit Commission to take it up.

Only the last phrase about putting the burden on the poor contains any sense, especially since the overall costs, not to mention lives lost on all sides, is approaching $3 trillion. The rest is just screwy.

But I have a better idea. First, end the wars immediately, and only allocate enough money to get all our troops and contractors back home lickety-split. Second, pass a bill to pick up the tab by doing away with the oil depletion allowances and all other tax breaks on the oil companies. If that's not enough, put a tax on transfers of oil stocks and the profits of military contractors. And if they try to jack up the price of gasoline to cover their war expenses, nationalize them. After all, they're the only ones really benefiting from these foreign policy disasters.

Once that's out of the way, we can turn to the more strategic solution: a job creating financial transaction tax on all Wall Street gambling to fund the clean energy and green manufacturing revolution we need to move away from fossil fuels altogether. There are all sorts of places to begin, from 'shovel-ready' low-skilled jobs repairing the locks and dams on our rivers, to higher skilled jobs building and installing county-owned wind and solar generators as public power utilities.

In short, 'Jobs, Not War!' and 'Windmills, Not Weapons' are much better alternatives every which way than more taxes to pay for more wars. Back to the drawing board, Congressman McGovern.

No comments:

Post a Comment