Quick Note

The culture war is back in a big way, and one of the favorite themes is "Poor Down-Trodden Rich People".

It's become Accepted Political Fact that the top 1% of Income Earners make 19% of Adjusted Gross Income, but they carry 37% of the tax burden.  What nobody ever seems to notice is that these same 1%-ers actually own 43% of the wealth.

If your argument is all about taxing people according to the benefits they receive from the economy, then you must be in favor of raising taxes on the Top 1% to more closely reflect the benefits they get.

Just sayin' - everybody oughta pay for what they get.

Comparing Tax Cut Proposals

Time To Get Real

We need to get back to a saner and more common-sensical approach to governing.  The radical policies of Reaganism and Clinton/Rubin Triangulation, the Gingrich Republicans and the Junior Bush Administration have brought us down.

We should start by remembering and admitting that you have to pay for the things you want.

From Bruce Bartlett

One of the guys who kinda invented Reaganomics, Bartlett's been trying to pull the conservatives back from the brink. 

Read the article here.
Quote: "Revenues would be even lower if Republicans had gotten their wish and the stimulus consisted entirely of tax cuts. How tax cuts would help people with no wages because they have no jobs or businesses with no profits to tax was never explained. But many right-wingers are convinced that tax cuts are the only appropriate governmental response no matter what the problem is."

Read more of Bartlett's Stuff.