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Alabama faces battle at the ballot box; groups look to federal laws for protection; Israeli Cabinet votes to shut down Al Jazeera in the country; Florida among top states for children losing health coverage post-COVID; despite the increase, SD teacher salary one of the lowest in the country.

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Civil rights groups criticize police actions against student protesters, Republicans accuse Democrats of "buying votes" through student debt relief, and anti-abortion groups plan legal challenges to a Florida ballot referendum.

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Bidding begins soon for Wyoming's elk antlers, Southeastern states gained population in the past year, small rural energy projects are losing out to bigger proposals, and a rural arts cooperative is filling the gap for schools in Pennsylvania and West Virginia.

Time to Let the Bush Tax Cuts Expire?

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Tuesday, June 7, 2011   

PHOENIX - This week marks the tenth anniversary of the Bush administration tax cuts, and critics say it's time for them to go. According to the Congressional Budget Office, if extended, the Bush tax cuts would nearly double the deficit in ten more years.

Mike Konczal, a research fellow at the Roosevelt Institute and a well-regarded blogger on economics issues, says the cuts never have helped the economy much, in spite of the way they were sold.

"It's not like this has unleashed a wave of productivity, or better incentives, or increased work output. It's mostly just rich people got a lot more money."

According to Citizens for Tax Justice, in 2013 the tax cuts would give the richest 1 percent of Arizonans $56,000 per family; that is more than 100 times as much as the bottom three-fifths of Arizonans, who would get $527. As part of the budget fight in Congress, Republicans want to extend the tax cuts again, arguing that the effects would "trickle down" to working people.

But with persistent high unemployment, Konczal says it would be wiser to do more to put people to work directly.

He says the tragedy is that more of that money should have been invested in the country.

"These deficits weren't created to increase schooling or make better infrastructure, or put money in working people's pockets."

Republicans say Medicare and Medicaid should be cut to pay for the deficits and extending the tax cuts. Konczal says that, in spite of the rhetoric, that won't put people to work.

"It's textbook economics. That was a lot of the logic in 1937, when we caused a second wave of the Great Depression."

According to the Economic Policy Institute, the vast majority of the current budget deficit is a result of the Bush tax cuts, the wars, and falling revenues during the Great Recession.

More on the impact of the Bush tax cuts is at www.ctj.org




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