Republicans Tax Cuts on Wealth Leave Latinos Behind

Democratic Caucus, U.S. House of Representatives ^ | December 7, 2005

[reaganaut1]

Soon after cutting billions of dollars out of programs that have helped working Latino families make ends meet, Republicans are putting that money towards tax cuts for capital gains and dividends that overwhelmingly ignore the needs of the Latino community. While one percent of Americans would enjoy over half of these tax cuts, more than 80 percent of Latinos would receive nothing. Working Latino families will find it harder to feed their families and heat their homes while money previously used to help cash strapped families will instead be redirected to wealthy investors. Democrats do not believe in balancing the budget on the backs of the poor for the benefit of the rich. As Democrats fought against the immoral budget reconciliation bill, we will also stand against irresponsible tax cuts.

Latino families, and indeed, most Americans will see little from these tax cuts to the wealthy. The richest one percent in America have an average income of over a million dollars a year. In 2009, they will enjoy 53 percent of these tax cuts. The average tax cut of the richest one percent will be $12,000, more than half the $21,600 annual income of the average working Latino. Latinos are traditionally more dependent on earned income, for which there is very little tax relief under this Republican administration and Congress. Instead of offering tax relief to working Latino families, Republicans have cut the safety net out from underneath them by slashing the budgets for such programs as food stamps, Medicaid, student loans, and Low-Income Heating Assistance (LIHEAP).

[sickoflibs]

Blacks are more socialist than Hispanics ,but it is clear Hispanics will respond to ‘cash in their pocket’ as Obama promised vs capital gains tax cuts which they probably dont know what they are. Hispanics are not in general business owners. In the case of illegals, poor, uneducated, perfect democrat lower class.

[catchem]

Maybe they’ll get the message and follow all of those American dollars back to ‘latino-land’.

[ROLF of the HILL COUNTRY]

BING BING BING! We have a winner!

[KarlInOhio]

It’s not a genetic thing; it is a cultural thing. People from Latin America come from places where freedom is in short supply. They tend to prefer a paternalistic government and don’t mind cronyism — especially the unassimilated ones who came to this country illegally.

Additionally there is a filtering processes of those who choose to leave their countries and come here. Those with successful businesses and professions in Latin America who would be more likely to agree with Republicans are staying behind. The poor who are willing to work menial jobs are the ones coming here. A couple counter examples are the Vietnamese who fled at the end of the war were those most threatened by the communists and were therefore skewed to a higher class and more likely to vote Republican. Indians who come here are more likely looking for professional jobs (medicine, engineering, computer programming) rather than unskilled jobs and are thus also more likely to vote Republican.

[poobear]

I am just posting as a Floridian. I have been insulted as an American on more than once .

Try saying the Pledge Of Allegiance in Espanol just once to an ExPatriot of Puerto Rico....

They are NOT Patriots..!!!!!!!!!!!!!!!!