For Immediate Release: 12/14/2010
Socialist Party of CT Denounces Obama Tax Plan as "Class Warfare from Above"
Amidst the worst recession since the Great Depression, with persistent "official" unemployment rates of 10% and real unemployment rates closer to 20%, the Democratic President has again shown the true colors of our "democracy;" cash rules. Plain and simple, the two-party corporately owned political system will do nothing to help the working class majority of America; the dying middle class which is daily joining the ranks of the impoverished. Record breaking inequality, unheardof rates of home foreclosures, record profits and bonuses, massive federal debt, widespread unemployment, 50 million without healthcare and the best they can come up with is a tax break for the top 1% of our population? This in addition to astronomical military budgets and endless wars abroad. We find this sickening and will continue to stand tall offering a real alternative; democratic socialism. Only when real democracy is in place will the real interests of the vast majority of Americans , those who must work for a living, be realized.
The Socialist Party stands for a fundamental transformation of the economy, focusing on production for need not profit. So-called fair trade is meaningless as long as the world economy is dominated by a few massive corporations.
1. We demand the immediate withdrawal of the United States from the North American Free Trade Agreement (NAFTA) and the Central American Free Trade Agreement (CAFTA), and oppose the creation of a widened Free Trade Area of the Americas (FTAA).
2. We call for worker and community ownership and control of corporations within the framework of a decentralized and democratically determined economic plan.
3. We call for a minimum wage of $15 per hour, indexed to the cost of living.
4. We call for a full employment policy. We support the provision of a livable guaranteed annual income.
5. We call for all financial and insurance institutions to be socially owned and operated by a democratically-controlled national banking authority, which should include credit unions, mutual insurance cooperatives, and cooperative state banks. In the meantime, we call for re-regulation of the banking and insurance industries.
6. We call for a steeply graduated income tax and a steeply graduated estate tax, and a maximum income of no more than ten times the minimum. We oppose regressive taxes such as payroll tax, sales tax, and property taxes.
7. We call for the restoration of the capital gains tax and luxury tax on a progressive, graduated scale.
8. We call for compensation to communities-- and compensation, re-training, and other support service for workers-- affected by plant and military base closings as stop-gap measures until we reach our goal of creating a socialist society totally separate from the global capitalist economy.
9. We oppose the International Monetary Fund, the World Bank, and the World Trade Organization as instruments of capitalist oppression throughout the world.
10. We demand cancellation of Third World debt.
11. We call for a National Pension Authority to hold the assets of private pension funds, and a levy against corporate assets for any pension fund deficits.
12. We call for increased and expanded welfare assistance and increased and expanded unemployment compensation at 100% of a worker's previous income or the minimum wage, whichever is higher, for the full period of unemployment or re-training, whichever is longer.
13. We support a program of massive federal investment in both urban and rural areas for infrastructure reconstruction and economic development.
14. We support tax benefits for renters equal to those for homeowners.
15. We call for the elimination of subsidies and tax breaks that benefit corporations and all other forms of corporate welfare.
Direct all correspondence to Todd Vachon, Chairperson, Socialist Party of CT- todd@votevachon.com
2 comments:
U.S. Election 2012- Stewart Alexander: Obama Fails Jobs Report
Stewart Alexander for President
http://socialistparty-usa.org/
http://www.gp.org/index.php
In 2008, President Barack Obama was campaigning on a promise to create jobs and putting Americans back to work; now, as the president approaches the end of his second year in office, Presidential Candidate Stewart Alexander says President Obama has failed on his commitment to the unemployed and working class people.
The most recent job report was bad news for President Obama and the nation. The nation’s unemployment lines got longer and the report by the U.S. Labor Department showed the nation’s unemployment rate jumped to 9.8 percent. According to the Labor Department, there are presently more than 15 million unemployed workers nationwide and approximately 6.3 million people have been out of work for more than six months.
In an article written in The Washington Times, “The unemployment rate is stuck at 10 percent. If calculations include Americans who aren’t in the labor force because they stopped looking for work or were forced to take part-time jobs, the unemployment rate has been above 17 percent since September. The Obama administration promised that the incredibly costly stimulus package would keep unemployment down to 8.1 percent, but the result of so much spending has been more job losses – and Americans are angry.”
Stewart Alexander says the real number of unemployed workers is much worse than what is being reported; “When taking into account individuals that have given up, individuals taking temporary employment, seniors being forced to live on meager retirement incomes due to the lack of jobs and college grads living at home, the numbers of unemployed workers is well above 22 million.”
Without a plan to create jobs, President Obama and Congress are in a position to continue extending unemployment benefits; and last week, the president compromised with Republicans to pass a tax bill that included a provision that extended unemployment for millions of out-of-work Americans for another 13 months. The tax bill was signed by the president this week.
Socialists nationwide have sharply criticized this latest round of welfare for the rich, extending the Bush tax cuts, by holding hostage the nation’s unemployed, only to provide for their most basic needs. Alexander says “The nation’s wealthiest elite have gotten their tax breaks extended; they have gotten their bailouts, now President Obama must demand that corporate America deliver on the jobs that have been subsidized by the U.S. government.”
Stewart Alexander has announced that he will seek the presidential nomination of the Socialist Party USA and the Green Party of the United States. Presently, Alexander is the only announced presidential candidate for the SPUSA and Green Party. President Barack Obama will likely seek a second term in 2012.
For more information search the Web for: Stewart Alexander for President; Stewart Alexander 2012
StewartAlexanderCares
http://www.stewartalexandercares.com/
U.S. Election 2012: Stewart Alexander Dismisses Obama’s Jobless Recovery
http://www.afroarticles.com/article-dashboard/Article/U-S--Election-2012--Stewart-Alexander-Dismisses-Obama-s-Jobless-Recovery/211999
U.S. Election 2012- Stewart Alexander: Obama Fails Jobs Report
Stewart Alexander for President
http://socialistparty-usa.org/
http://www.gp.org/index.php
In 2008, President Barack Obama was campaigning on a promise to create jobs and putting Americans back to work; now, as the president approaches the end of his second year in office, Presidential Candidate Stewart Alexander says President Obama has failed on his commitment to the unemployed and working class people.
The most recent job report was bad news for President Obama and the nation. The nation’s unemployment lines got longer and the report by the U.S. Labor Department showed the nation’s unemployment rate jumped to 9.8 percent. According to the Labor Department, there are presently more than 15 million unemployed workers nationwide and approximately 6.3 million people have been out of work for more than six months.
In an article written in The Washington Times, “The unemployment rate is stuck at 10 percent. If calculations include Americans who aren’t in the labor force because they stopped looking for work or were forced to take part-time jobs, the unemployment rate has been above 17 percent since September. The Obama administration promised that the incredibly costly stimulus package would keep unemployment down to 8.1 percent, but the result of so much spending has been more job losses – and Americans are angry.”
Stewart Alexander says the real number of unemployed workers is much worse than what is being reported; “When taking into account individuals that have given up, individuals taking temporary employment, seniors being forced to live on meager retirement incomes due to the lack of jobs and college grads living at home, the numbers of unemployed workers is well above 22 million.”
Without a plan to create jobs, President Obama and Congress are in a position to continue extending unemployment benefits; and last week, the president compromised with Republicans to pass a tax bill that included a provision that extended unemployment for millions of out-of-work Americans for another 13 months. The tax bill was signed by the president this week.
Socialists nationwide have sharply criticized this latest round of welfare for the rich, extending the Bush tax cuts, by holding hostage the nation’s unemployed, only to provide for their most basic needs. Alexander says “The nation’s wealthiest elite have gotten their tax breaks extended; they have gotten their bailouts, now President Obama must demand that corporate America deliver on the jobs that have been subsidized by the U.S. government.”
Stewart Alexander has announced that he will seek the presidential nomination of the Socialist Party USA and the Green Party of the United States. Presently, Alexander is the only announced presidential candidate for the SPUSA and Green Party. President Barack Obama will likely seek a second term in 2012.
For more information search the Web for: Stewart Alexander for President; Stewart Alexander 2012
StewartAlexanderCares
http://www.stewartalexandercares.com/
U.S. Election 2012: Stewart Alexander Dismisses Obama’s Jobless Recovery
http://www.afroarticles.com/article-dashboard/Article/U-S--Election-2012--Stewart-Alexander-Dismisses-Obama-s-Jobless-Recovery/211999
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