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Higher Taxes on the Rich Mean Higher Taxes on the Rest of Us

Scott853 Wrote: Oct 30, 2012 2:11 PM
Someone is really going to be wrong here--the Economist for instance is still predicting a very large Obama win.
Jeff_Georgia Wrote: Oct 30, 2012 3:50 PM
The Economist can't imagine a fellow lefty getting kicked to the curb...

President Obama repeatedly assures us that he only wants higher taxes on the rich as part of his class-warfare agenda.

But I don’t trust him. In part because he’s a politician, but also because there aren’t enough rich people to finance big government (not to mention that the rich easily can alter their financial affairs to avoid higher tax rates).

Honest leftists are beginning to admit that their real target is the middle class. Here are a few examples.

  • The New York Times 
Related Tags: Taxes rich