I don’t watch as much Fox as I should. Seeing these two Jon Stewart class warfare clips from last night – the first on Warren Buffett’s plan to tax the rich, the second on the right’s plan to tax the poor – was really a little depressing, even for a guy with the happy gene. These Fox guys really are bullies.
Screw the meek! If they can’t raise a family of four on $20,000 a year and pay more tax, they should just get rich and pay 15% on their dividends and capital gains.
Yes, that 15% is down from the 28% they paid under Ronald Reagan – second greatest man ever to walk the earth – but still too high. They’re job creators! Exhibit A: all the jobs created since the tax rates were cut.
I know I sure wouldn’t try to get rich if I knew I’d have to fork over a Reagan-era or a Clinton-era share of my riches to this thing we should all want to diminish (the United States government). At those rates, what would be my motivation?
Watch the clips.
Quote of the Day
The test of our progress is not whether we add more to the abundance of those who have much, it is whether we provide enough for those who have too little.~Franklin D. Roosevelt
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