The Mudcat Café TM
Thread #122665 Message #2693088
Posted By: PoppaGator
03-Aug-09 - 06:17 PM
Thread Name: BS: Good News for Unemployed Americans
Subject: RE: BS: Good News for Unemployed Americans
The proposed increase in the income tax rate for the highest bracket will almost but not quite bring it up to where it was at at the END of Reagan's term in '88, which was satisfying enough for the richest-of-the-rich back then. Since then, the GOP and the "moderate" pro-business "New Democrats have continued to give more and more to this eleite, their wealthy owners.
I have no sympathy for those who complain that they can't make it if they have to pay one-third of their annual income OVER the first million. Not when most of us are barely making it at all.
ESPECIALLY when they use the words "income redistribution" to condemn the proposals they are resisting! We've already been having more than enough income redistribution, all of it upward, until now less than 2% of the population now controls more than 95% of the GNP.
These are the greedmongers who are paying for all the propaganda that too many of us are lapping up. Wake up!