Taxing the Rich

Deficit and taxes: Time to raise taxes on the rich - latimes.com

I agree, the top rates need to go up. Over the last 30 years the rich (over 250,000$) have been taking a larger and larger slice of the pie. Now to cut into the budget deficits they want the lower classes to take the hit by cutting social security, medicare, medicaid, infrastructure spending, public education etc.

Spending is always a choice, what do we get for our money? i'd rather help some old/poor people during retirement, provide medical care for everyone, rebuild the infrastructure and teach our kids than give a few millionaires a few extra dollars of income.

Of course both parties are dominated by the wealthy so I'm pretty sure they'll find a way to convince the people that we should take a social security cut instead of raising taxes. The Fox propaganda network will probably help a little if they ask nicely.

Of course it won't be a real cut to anyone getting social security checks now,... it will be a boost in the retirment age, benefit cuts for people that retire in a few years, the sort of thing they can sell now but won't be painful now. Something we can pay for in they future. so really it's sort of stealing from the future, just like the deficits they say are stealing from our kids. Why steal from our kids when they can steal it from us.

Oh, and cutting the war budget would hurt either.

tnb