Marx vs. Obama: Battle to…oh wait…Obama’s Forfeiting
On Monday, President Barack Obama announced a two-year extension of the Bush-era tax cuts. While most Democrats were hoping for an extension of the tax cuts for all but the wealthiest two percent, Republicans managed to get President “Compromiser” Obama to fail the needs of the American people. The argument for increasing taxes to Clinton-era rates for the top two percent of the country is that 1) they can afford it 2) it’s the fair thing to do and 3) the country desperately needs it. Along with the fact that the divisions between classes have become gaping chasms, the middle class is being destroyed.
With all of this capitalist stuff going on, one has to wonder what Marx would say about it. I believe that Marx would, along with a majority of the progressives in the country, be upset with Obama for not ending tax cuts for the rich. This is because Marx feels that the best option would be a strong progressive tax. Although we have a progressive, or graduated, tax in place now, due to the difference between classes, the payment by the upper class needs to be raised.
In a non-communistic and civilized society, where every person is not given the exact same amount, each person should pay a percentage that would correlate to how much excess he or she has. “A heavy progressive or graduated income tax”, in Marx’s opinion, would be applied “in the most advanced countries”. Seeing as Marx is so in favor of a robust progressive tax, he would have also disliked Bush for enacting tax-cuts. But, in my opinion, I think he would be even more upset with Obama because he had the opportunity to fix a situation and passed on it.
For the country to be successful, for us “to win the battle of democracy”, the middle class needs to become the ruling class. If the bourgeois class continues to become wealthier and more powerful while the proletariat becomes poorer and weaker, our society is headed into chaos. I think Marx would agree with me when I say that it was wrong of President Obama to make life easier for the upper, wealthy, and always-ruling class.