Tuesday, September 20, 2011

Old debate over raising rich’s taxes plays out on new landscape

http://www.washingtonpost.com/politics/old-debate-over-raising-richs-taxes-plays-out-on-new-landscape/2011/09/19/gIQAziqggK_story.html

Obama’s plan to increase tax rates on wealthy has Republicans saying it is “class warfare.”

**Opinion**

Oh, so "class warfare" has just began? Really!? I'd say it's been going on for some time now.

Obama said he planned to increase tax rates on the wealthy, to ensure they “pay their fair share, just like everybody else.” Umm yeah, maybe you should've done that way earlier, as promised, prior to being elected.

Republicans called Obama’s ideas “class warfare” and suggested that they would hurt the economy by leaving small-business owners with less money to spend. Small business hasn't been hiring enough to make a significant impact, therefore, that argument doesn't hold much weight.

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