Another salvo in the war on wealth
From RenewAmerica columns:
(Peter Lemiska) – It’s no secret that Barack Obama and the Democrats want to raise taxes on the wealthy, but if they expect their plan to resonate with mainstream America, they have to counter the charges that they are engaging in class warfare. Obama is sensitive to those accusations and recently defended himself, arguing that the $14.5 trillion-plus national debt is too big to be reduced by budget cuts alone and that, in the interest of fairness, the wealthy, like those hedge fund managers, should pay the same higher tax rate as plumbers or teachers…
Related posts:
- Gibbs Evades Question of Whether Obama Agrees With His Medicare Director That Health-Care System Must Redistribute Wealth
- Sen. Mitch McConnell Blasts Obama Budget
- Harry Reid on Obama’s ‘Tax the Rich’ Proposal: Finally Those Who Got America Into Debt Will Have to Pay
- Treasury Secretary Says Obama Budget Plan Could Lead to ‘Unsustainable Obligations’
- Obama to Propose ‘Buffett Tax’ on Monday; Update: $1.5 Trillion in New Taxes — ‘This is Not Class Warfare, It’s Math’
- Democrats delay vote on Obama’s repeal of Bush-era tax cuts until after mid-terms
- Barack Obama forced to climb down over tax cuts
- Obama’s Fake Budget Spending Cuts
- NPR Prods GOP Mayor to Endorse Obama Ideas, Asks If McConnell’s Being ‘Helpful’
- Debt, Debt & More Debt



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