A recent New York Times/CBS poll show Americans strongly support public unions 2-1 over elimination of worker’s rights. As labor battles break outin state capitals around the nation, a majority of Americans oppose efforts to weaken the collective bargaining rights of public union employee and against cutting the pay or benefits of public workers to reduce state budget deficits, according to the latest New York Times/CBS News poll.
But the nationwide poll found that a majority of state public employee unions have the support of most Americans as they fight the efforts of Wisconsin governors in Wisconsin and Ohio to eliminate their bargaining powers and cut pay or benefits.
Americans oppose any effort to break the bargaining rights of public employee unions. Across the party lines, a small percent of Republicans favored union busting or taking away some bargaining rights. A large number of Democrats oppose weakening unions.
“Fox News”, appears to fuel the push cutting the pay or benefits of public employees to reduce deficits, breaking down along similar party lines. A majority of news media outlets report what Americans oppose both cuts in pay or benefits and taking away the collective bargaining rights of public employees. Congressional members that support union busting either contribute biased politics or receive political coverage from “Fox.”
Here’s what’s shocking. Americans would rather pay more taxes to reduce the national deficit. According to this latest poll, State governors polled were“asked how they would choose to reduce their state’s deficits, those polled preferred tax increases over benefit cuts for state workers by nearly two to one”. The response from the governors polled stated that some would increase taxes, cutting the pay or benefits of public employees to reduce state deficits or reduce or cut public funding for transportation improvements or education spending.
The best and only civil choice to reduce the deficit at both state and national levels is to tax the 10 percent of the wealthiest Americans at a deficit reduction of $2.1 trillion dollars every two years.
In 1995, Forbes magazine counted a record “129 American billionaires”. If you combine all of these billionaire’s assets together, the accumulated assets would total more than $900 gazillions net worth for all. This means than an average American family is worth $50,000. So it would take almost 60 million families in America to match the net worth of the 129 billionaires.
These inequalities are growing. For the average family, wealth provides an economic safety net rather than a source of social and political power so that families are not living paycheck to paycheck. The past and current tax system leaves a major difference in wealth and power.
It may be time to reconsider the tax structure. Because wealth is so highlygiven attention to, a wealth tax paid primarilyby wealthier Americans and major corporations, a wealth tax could make the country more democratic instead of dominating.
The wealthiest ten percent of the population put more than 80 percent of their savings in investment real estate, unincorporated businesses, corporate stock, and financial securities that bring higher rates of return with no taxation. This was the driving force to extend the recent Bush tax cuts. It is time for a Wealth Tax. Where’s Robin Hood when you need him.