6:11 pm in General News by 454COR/Earl G.
Modesty.
We know that the Obama administration has an odd idea of who the rich are. For more than two years, the White House and Democrats in Congress have tried to hike taxes on all those who make $250,000 a year, which is a pretty good living but hardly qualifies as one of the Four Hundred. [...]
11:50 am in Economic News, General News by Amy Brillhart
As the year in politics closed, Congress and President Obama were arguing over maintaining the Bush-era income tax rates. Conservatives insisted that the top 5% of households already accounted for nearly 60% of the aggregate tax revenue and that it was suicidal to hike taxes on the job-creating classes. Liberals countered that the wages of the middle class have become stagnant over the last decade, and it is time for the wealthy to pay more for
Go here to read the rest: Talk Of Decline Can’t Hide Fact We’re Well-Off
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