Is This A Joke?

Do Republicans seriously expect to lose to President Obama in next year's election?  They can't possibly be trying to put forward any serious proposals to govern this country.  That is all I can guess based on their proposed tax plans, which are beyond stupid.  Here's Newt Gingrich's:

GOP Presidential candidate Newt Gingrich is proposing a massive tax cut aimed at the highest earning American households. Gingrich’s plan would add about $1 trillion to the federal deficit in a single year. And while most of the nation’s lowest income families would get no benefit from these tax cuts, the top 0.1 percent (who make an average of more than $8 million) would get about a quarter of the windfall, according to new estimates by my colleagues at the Tax Policy Center.
The Gingrich plan, which has gotten relatively little attention, gives taxpayers a choice. It is similar to the proposal offered by Texas Governor Rick Perry, only even more generous. Taxpayers could stick with today’s revenue code– Gingrich would permanently extend the Bush/Obama tax cuts. Or they could pay under an alternative system based on a flat 15 percent tax rate regardless of income. Capital gains, dividends, and interest income would be tax-free. The Alternative Minimum Tax would be abolished. Nearly all deductions and credits would be eliminated, except for the earned income, child, and foreign tax credits and the deductions for mortgage interest and charitable gifts. All taxpayers would get a $12,000 per-person exemption.

What a dumbfuck!  Capital gains, dividends and interest income would be tax free?  So let me get this straight.  Republicans believe that rich people are better off than everybody else because they work harder and are smarter (I disagree).  They also believe that the current tax code discourages said hard-working individuals from doing work (I disagree with that, also).  But their tax plans often don't tax unearned income from investments.  So if a person has, say, $2 million dollars in the bank, he or she can sit at home and probably have more income than the median household in the nation, but pay nothing in taxes.  If the same, supposedly hard working and intelligent person gets a job, he or she is going to have to pay 15% of that EARNED income in taxes.  Would that encourage or discourage somebody from working?

But what is truly puzzling is that Gingrich doesn't even try to make the numbers add up.  An increase in the deficit of over $1 trillion a year?  WTF?  So the only way to balance the budget is to what, close the whole damn government?  Either this man is completely innumerate, or he thinks the average citizen is dumber than a post.  I can't decide, but I'm leaning toward him thinking we are all stupid.  The Republican Party is one giant clown show.  Anyone who would vote for these clowns needs his or her noggin examined.