Originally Posted By: AuntyM
Ah... the emotional appeal!

Quote:
IRS data shows that in 2004, the richest 50% of the taxpayers paid 96.7% of all income taxes. From 1986 to 2004, the share paid by the richest half increased from 93.5% to 96.7%, and the share paid by the richest 1% increased from 25.75% to 36.89%. At the same time, the amount paid by the poorer half decreased from 6.5% in 1986 to 3.3% in 2004. While the poor's contribution was cut in half, the richest Americans saw their contribution increase by nearly 50%. When you get past the propaganda, for the last two decades the rich have been paying more and more while the poor have been paying less and less.



There's your "SOCIAL JUSTICE" folks. Yet it's not enough for some of you socialists. The majority of the "rich" weren't behind the bank failures but you want to punish them anyway?


of course the last sentence of what you quoted could easily be changed to "...for the last two decades the rich have been making more and more while the poor have been earning less and less."

we're not going to agree on the expiration of the bush tax cuts. i believe that they were irresponsible policy that put us deeper in debt and that we cannot afford them as a country. while the right wants to frame this as "class warfare" it isn't. class warfare would be confiscatory tax rates on high incomes and seeing bankers and wall street crooks hanging from gallows... not increasing the top tax rate back to the historically low levels of the clinton administration.