What a brilliant article. Someone is finally pointing out that, in America, the rich are more wealthy that they have ever been, and paying less taxes on top of it. And all of this over the top spin that the richest one percent are unduly having to support health care is just a load of bollocks — the figure in question is not even nine tenths of one percent of the Bush tax cuts. And we have all witnessed the job (mythical) job creation that goes on when you give more money to the ultra wealthy during the Bush regime (ie NONE).
According to government figures, 1-percenters’ share of America’s total income is the highest it’s been since 1929, and their tax rates are the lowest they’ve faced in two decades. Through bonuses, many 1-percenters will profit from the $23 trillion in bailout largesse the Treasury Department now says could be headed to financial firms. And, most of them benefit from IRS decisions to reduce millionaire audits and collect zero taxes from the majority of major corporations.
The article concludes with a simple message that I have found is completely lost on the right (particularly those who profess to be very religious):
For his part, Obama has responded with characteristic coolness — and a powerful counterstrike. “No, it’s not punishing the rich,” he said. “If I can afford to do a little bit more so that a whole bunch of families out there have a little more security, when I already have security, that’s part of being a community.”