28 October 2015

If Reich were moderating Republican debate...

... he'd ask the following questions:

Jeb Bush, you’ve proposed a tax plan that would give the biggest share of tax cuts (11.6 percent) to the top 1 percent, and only 2.9 percent to those in the middle. Do you think widening inequality is a problem, and how does your tax plan reverse it? 

Marco Rubio, you say you don’t want to raise the minimum wage. The minimum wage is near its historic low, adjusted for inflation. Do you believe in having a minimum wage at all? If not, do you believe in minimum safety standards, minimum health standards, and a 40-hour workweek? By the way, if you’re elected president will you work 40 hours a week or do it as a part-time job, as you’ve done the Senate?

 Donald Trump, your tax plan is even more generous to the top 1 percent than Jeb Bush’s plan, giving them 21.6 percent of the tax cuts. Do you think all young people, on reaching the age of 22, should be given a $1 million loan from their parents? 

Carly Fiorina, you have lashed out against ‘crony capitalism.’ Does the fact that Hewlett-Packard under your tenure increased its spending on lobbying and political campaigns, and that your own campaign is underwritten by some of the biggest corporations and banks in America, make you a crony capitalist? 

Chris Christie, as governor of New Jersey you’ve presided over a state economy that has recovered only 62% of the jobs lost in the recession while the rest of the country has regained 132%. New Jersey is also 46th out of 50 states in growth. Will you be as bad for the U.S. economy as you’ve been for New Jersey? 

Rand Paul, you’ve proposed a “flat” tax, which would lower the tax rates paid by the wealthy and increase the tax rates paid by lower-income Americans. The one deduction you’d keep is the home mortgage interest deduction, three-quarters of whose benefits go to those earning over $100,000. How exactly will your plan reverse inequality? 

Ted Cruz, you want to abolish the IRS. How would you collect taxes? 

Ben Carson, you have said ‘we live in a Gestapo age,’ that the United States has become ‘very much like Nazi Germany,’ that Hitler couldn’t have accomplish his goals ‘if the people had been armed,’ and that Planned Parenthood is ‘like Nazi Germany.’ What does Nazi Germany have to do with how you’d fix the U.S. economy?

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