Monday, September 19, 2011

Class warfare... on the rich?

The audacity of President Obama to suggest that wealthy Americans all be asked to contribute to the deficit reduction plan. Thanks to the complicated tax code, many are able to legally shelter a great deal of their resources from taxes. An article "Obama to propose $1.5 trillion in new tax revenue as part of long-term deficit package" further details his plan.

A newspaper yesterday contained the following article, "Europe's top car brands thrive as ultra-luxury sells out". This is additional evidence of the fact that the wealthy have been getting wealthier, as the poor have been getting poorer.

It seems incredulous that some Republicans have the nerve to call it class warfare, when the president wants everyone to pay their fair share of the nation's taxes.

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