The American Dream Goes On
Senator Obama's plan to take more from people earning $250,000 and above a year, to raise capital gains taxes, and devote some of this money to education may therefore have far more political traction than Senator McCain's intent to maintain the tax cuts of President Bush and, if anything, to expand them. Given that the Bush tax cuts have disproportionately benefited upper-income people, McCain's recommendation may work with the Republican base but most likely will narrow his attraction to the decisive swing voters of the American center—that is, a good part of the middle class.
Reader Comments
The American Dream
Regarding the claim that the middle class is moving into higher income brackets... Statistics lie! Your statistics lie by not including the most important factor of all-- inflation. Take inflation into account and all your claims are for naught.
There is a reason the rich get richer and the poor get poorer
You have heard, no doubt, that in America the rich get richer and the poor get poorer. Interestingly enough, our government's own numbers show that many of the poor actually get richer, and that quite a few of the rich actually get poorer. But for the rich who do actually get richer, and the poor who remain poor ... there's an explanation -- a reason. The rich, you see, keep doing the things that make them rich; while the poor keep doing the things that make them poor.
From Neal Boortz Commencement Speech Parody
Shameful
I see you replicate the very same ill-conceived tactics you blame others for. That's shameful. Oh well. Apologists will always exist.
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