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What if they held a class war and nobody noticed? For decades, liberals and progressives have been bashed for conducting a "class war" every time they suggest that it would be appropriate for the extremely wealthy to shoulder a bit more of the burden of paying for government. Meanwhile, a swarm of far-right think-tanks and political action committees have been working tirelessly to promote the idea that taxes on the wealthy should be lowered further from their historic lows, and that entitlement programs such as social security and medicare are too expensive to sustain (and in any case, immoral). The latest attempts to delegitimize public employee unions are the logical next step in what genuinely appears to be the systematic dismantlement of the middle class. This blog will highlight some of the more extreme examples of this activity that may not always show up in your news feeds.

Tuesday, February 22, 2011

Robert Reich on the Marginal Tax Rate

Here is a nice article by Robert Reich that lays out the case for increasing the tax rate on super-high incomes (e.g., 70% on any income over $15M/year).  At issue is whether it's a political non-starter, and Reich argues that it would be much easier to sell for Democrats than their consultants are telling them.
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