Statisticly, the rich are paying far more of the whole tax burden than most people even understand. From seeing many of these current posts, Obamas divide and conquer strategy, of class warfare, appears to be working well. The statistics don't lie. When only 2% of the top wage earners are paying 68% of the total tax burden, that's not equity, when the 98% pay far less, and 43% of them pay nothing at all! The current tax law no longer is equitable, and needs to be replaced.
If had been going to effect the rich and powerful theyd have done something about it. The reason they didnt do anything was because they actually benefit from this and could care less about the rest of us.
Highly overblown. Scarequester is more like it. This is backfiring on the president. The idea came from the Whitehouse. Its all aimed to make the Republicans look like they hate everyone except the rich. Obama wants to raise taxes again on everyone. Funny, he is meeting with Pelosi, Reid, Boehner and McConnell tomorrow. A little backward. Also Bob Woodward has been threatened by a senior official in the whitehouse for exposing the truth about the president and that it was his idea. He is now back peddling now. Where is Ben Carson? He needs to be the next president! The world will not end with some spending cuts. Letting out illegal immigrants out of jail to save money is not the answer. Cant wait for Woodwards article this Sat. More fraud being exposed. All scare tactics to make Repubs increase taxes again. Shameful!