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'Class Warfare'; Fox Desperately Defends The Wealthy From Tax Hikes Most Americans Support

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 05:47 PM
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'Class Warfare'; Fox Desperately Defends The Wealthy From Tax Hikes Most Americans Support
http://www.nationofchange.org/class-warfare-fox-desperately-defends-wealthy-tax-hikes-most-americans-support-1312521705

Since pas­sage of the deal to avoid a de­fault cri­sis, Fox News fig­ures have at­tacked Pres­i­dent Obama and De­moc­rats for call­ing for a "bal­anced ap­proach" to low­er­ing the deficit and ask­ing the na­tion's wealth­i­est to pay "their fair share." In fact, econ­o­mists across the po­lit­i­cal spec­trum agree that the deficit can­not be low­ered in the long term with­out rev­enue in­creases; a ma­jor­ity of Amer­i­cans sup­port such an in­crease; and taxes for the wealthy are at the low­est rate they have been in decades.

Obama Calls For "Bal­anced Ap­proach" To Deficit Re­duc­tion -- One Where Wealthy "Pay Their Fair Share"

Obama: Bi­par­ti­san Sup­port For "A Bal­anced Ap­proach" To Deficit Re­duc­tion -- "One Where The Wealth­i­est Amer­i­cans And Big Cor­po­ra­tions Pay Their Fair Share, Too." From Pres­i­dent Obama's July 25 ad­dress to the Na­tional Coun­cil of La Raza:

So I've al­ready said I'm will­ing to cut spend­ing that we don't need by his­toric amounts to re­duce our long-term deficit and make sure that we can in­vest in our chil­dren's fu­ture. I'm will­ing to take on the ris­ing costs of health care pro­grams like Medicare and Med­ic­aid to make sure they're strong and se­cure for fu­ture gen­er­a­tions.

More at the link --
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FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 06:01 PM
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1. We didn't start the class warfare
But we should end it once and for all.

Progressive taxation. Get serious about it.
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