Last week the Republican candidates to replace Saxby Chambliss in the senate met for a debate in Savannah. It is interesting to observe how the experts that identify less than doctrinaire Republicans (RINOs) would have classified the various candidates. I was left wondering who in the bunch was the real Republican. Republicans love to accuse Obama of class warfare, yet here was Jack Kingston saying that “no gate separates your house from my house.” This was in reference to the big money candidate David Perdue who made his money in the private sector as a successful businessman. Sounds like Kingston is trying to create a divide between those who choose to spend their wealth however they decide in a free society, which makes me ask whether underneath Kingston’s professed conservatism he is really a RINO.
Then Kingston, who is polling number two behind Perdue, acknowledged having voted in the House to cap federal flood insurance premiums. Kingston defended the tax subsidy, which affects a disproportionate number of one percenters who own mansions and palaces on beaches, rivers and lakefronts. One would think if you profess to believe in free markets, then these folks should buy their insurance from the private sector---except that Kingston pointed out that the private sector won’t handle coastal property. Jeez, then maybe if the marketplace worked like Republicans claim it should, these “poor” homeowners shouldn’t live where they can’t get insurance. Could it be that insurance companies have sized up the risk and figured out that they can’t make a profit because the premiums might dissuade people from living on the coast or in flood plains? To the experts who “out” RINOs, Kingston is sounding more like one all the time.
Karen Handel, who abandoned the two elective offices that she has held in order to run for higher office---and lose---denounced the federal flood insurance program, but when pressed wouldn’t say how she would have voted. Now that’s bold leadership, yet she touts her leadership skills and how as a U.S. Senator from Georgia she will lead the charge to balance the budget, rid us of Obamacare, and create good jobs just because she says she can.
Meanwhile, all of the aforementioned candidates pay glancing lip service to tax reform. But not one has publicly supported Republican Representative Dave Camp from Michigan who a few weeks ago proposed a substantial revision to the tax code. In fact, House Speaker John Boehner, when asked by a reporter about the plan, replied “blah, blah, blah.” The low hanging fruit, at least for now, remains the promise to repeal Obamacare, something highly unlikely to happen. Senate candidate and current congressman Phil Gingrey has promised not to run for reelection in six years if he isn’t successful in repealing the law. There are people who are not happy with Obamacare, but there are also many who are, and time will allow some tinkering to work out the bugs. But speaking for me and most of the people I associate with, there is more anger at the tax code, the complexity of it, the unfairness---especially to the middle class---and the bigger bite it takes from working stiffs than those at the top of the economic ladder.
The senate race is another one of those three card monte games. They want you to focus all of your attention on Obama and anything to divert your attention from issues that affect your daily life. How many reading this column get a tax break for trying to put their kid(s) through college? Recently Nicholas Kristof of the New York Times wrote an editorial about tax breaks that most don’t know about. They include write-offs for owners of private jets; mortgage deductions for second homes and yachts; lower tax rate for hedge fund operators; loan guarantees for banks; and tax breaks given to corporations that relocate to certain areas. Then there are the property tax exemptions for churches. Make no mistake, whatever argument one wants to make to defend these tax breaks, in the end it is the rest of us who make up the shortfall.
Robo calls by the candidates has already begun. They are annoying to start with, but after you hear what they say, and what they don’t say, it should be pretty clear: not one offers a specific plan to do something to help the middle class or the small business owner. If attacking Obama makes you feel good, then vote for the one who makes the most noise. But once the election is over, one thing will not have changed: the middle class and small business owner will continue to take shaft.