- Oct 18, 2005
- Reaction score
- San Diego, CA
- Political Leaning
Anger is sweeping America...No, I’m not talking about the Tea Partiers. I’m talking about the rich.
Young people can’t find jobs; laid-off 50-somethings fear that they’ll never work again. Yet if you want to find real political rage — the kind of rage that makes people compare President Obama to Hitler, or accuse him of treason — you won’t find it among these suffering Americans. You’ll find it instead among the very privileged, people who don’t have to worry about losing their jobs, their homes, or their health insurance, but who are outraged, outraged, at the thought of paying modestly higher taxes.
When the billionaire Stephen Schwarzman compared an Obama proposal to the Nazi invasion of Poland, the proposal [he was lobbying against] would have closed a tax loophole that specifically benefits fund managers like him.
Republicans are pushing the line that raising taxes at the top would hurt small businesses, but their hearts don’t really seem in it. Instead, it has become common to hear vehement denials that people making $400,000 or $500,000 a year are rich. I mean, look at the expenses of people in that income class — the property taxes they have to pay on their expensive houses, the cost of sending their kids to elite private schools, and so on. Why, they can barely make ends meet.
http://www.nytimes.com/2010/09/20/opinion/20krugman.html?_r=2And when the tax fight is over, one way or another, you can be sure that the people currently defending the incomes of the elite will go back to demanding cuts in Social Security and aid to the unemployed. America must make hard choices, they’ll say; we all have to be willing to make sacrifices.
But when they say “we,” they mean “you.” Sacrifice is for the little people.
I for one have no problem with letting the temporary tax decrease Bush enforced expire. I will see my taxes raised for this but it will have little impact on my income in comparison to those that lost their jobs, homes, and ability to provide for their family.
At the same time I will gladly stand up and demand tax cuts and hopefully the eradication of social security along with a revamp of the welfare system.