Predictably the right-wing is up in arms defending billionaires right to be rich tax free. But we have to ask, if not the rich then who? The poor? The ever shrinking middle class perhaps? The tax burden on the rich is just about as low as its ever been, the rich are richer than ever before, we're 10 trillion in debt, and we're spending 4 billion dollars a week on war. Somebody's got to pay. Besides, when Bill Clinton taxed the rich it gave us excellent economic results.
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Saturday, May 29, 2010
Tax The Poor
Predictably the right-wing is up in arms defending billionaires right to be rich tax free. But we have to ask, if not the rich then who? The poor? The ever shrinking middle class perhaps? The tax burden on the rich is just about as low as its ever been, the rich are richer than ever before, we're 10 trillion in debt, and we're spending 4 billion dollars a week on war. Somebody's got to pay. Besides, when Bill Clinton taxed the rich it gave us excellent economic results.
Labels:
economy,
fiscal policy,
tax policy,
wars
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