Wednesday, March 04, 2009

Class warfare

MANIFESTO

It'd be nice if people understood that the tax increases the Obamans are proposing will affect 5% of American taxpayers—those taxpayers who make more than a quarter million dollars a year. Nevertheless, morons like Hannity, Limbaugh, et al, are hammering this point precisely because it affects them and not the vast majority of their listeners.

And now it turns out that Democratic senators Evan Bayh (D-IN) and Ben Nelson (D-NE), who should certainly know better, are also expressing their misgivings about the plan.
Bayh said, “I do think that before we raise revenue, we first should look to see if there are ways we can cut back on spending.”

... The median household income in Indiana is $42,000 a year. Families making that much would not see tax increases under Obama’s plan. Families making double the Indiana median household income would not see tax increases under Obama’s plan. Families making double that would not see tax increases under Obama’s plan. Only families making almost six times the median household income of Indiana would see increases; increases that would essentially take us back to the rates that prevailed during the more prosperous 1990s.
It's becoming more and more rare that anyone is speaking for the middle class in all of this. Certainly, many media outlets aren't, and for millionaire senators of the majority party to question the efficacy of tax cuts for the vast majority of their constituents pretty much shows whose interests they're most concerned about.

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