The Perfessor puts it correctly. To Obozo, this is NOT about "the 1%". It's about everybody else paying a helluvalot more.
...the President
has an aggressively ambitious view of what the state can do. It can
reorder industries and engage in more substantial redistribution of income that it does today.
But
you can't have that kind of state without substantial tax increases on
the middle class. No European state does it. We can't either...
...Thus comes the beauty part of the
"fiscal cliff." The Democrats can help themselves to a substantial tax
increase by doing nothing. To be sure, they'll have to live with
sequestration for a while...
The Plan is to make everyone dependent on the Gummint. And it's working!!
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3 comments:
This is nuts.
The Democrats have no intention of "doing nothing". They may let the current cuts for all expire since it is the only way to guaranty that the cuts for the wealthy will end. But nobody, least of all Democrats, will go very long without passing cuts for those with incomes below $250,000.
Frankly, "the democrats" are irrelevant, Jimbo.
Only the Little Commie matters in this game.
The wingnut chorus has no choice but to capitulate. The election's over, and they have no bargaining chips.
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