There’s something about taxes that elected Republicans know, but most Americans are completely unaware of. It’s the reason we keep falling for the perennial GOP tax scam, and Paul Ryan, Mitch McConnell, and their buddies in the White House are getting ready to run this ruse on American working people all over again.

Here it is in a nutshell: Tax cuts for truly wealthy people increase their income and wealth; tax cuts for working people actually decrease their income and wealth over time.

Here’s how it works.

If you’re part of the top .1% – say you’re earning a million dollars a year – and you get a tax cut, you’ll keep more of the money you’re earning. The main reason is because people in those income categories 1) generally have a high degree of control over their own income; and 2) they more often than not already are working under a massive tax cut – at least a lower tax rate – called the capital gains tax. But even setting aside Part II of that, truly super-high income earners, like the banksters on Wall Street or CEOs of large corporations, have a significant measure of control – if not total control – over their own income.

For working people, it’s an entirely different story.

(What do you think? Tell us here.)

The Big Picture: GOP is Wrong…Without Your Health, You Have No Freedom



Big Picture Panel: GOP Confession - When More People Vote, Republicans Lose

- Scottie Nell Hughes, Right Alerts/ROAR: The New Conservative Woman Speaks Out




- Linda Benesch, Social Security Works




Big Picture Interview: There's A Bill To Abolish the EPA Already

- Farron Cousins, Ring of Fire Radio/DeSmog Blog/Trial Lawyer Magazine






Big Picture Fact: Privatization & Water Don’t Mix