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“We’re talking about people who make over $200,000. That’s not rich”

Posted in June 12th, 2008
Published in Code

Your Liberal Media: “Not Rich” Edition | OurFuture.org

CNBC’s Maria Bartiromo made her mis-observation to the New York Post, who ran it under the headline “Barack’s Bite:”
The income tax is also in for a bump. Bartiromo says, “Right now [it] is 35 percent, Obama wants to take that to 39 percent . . . We’re talking about people who make over $200,000. That’s not rich. So it’s actually going to impact more people than you may think.”

Maybe if you’re a Financial Journalist for CNN.com $200,000 may not seem like much. But earning $200,000 a year puts you in the top three percent of all income earners in the US, the wealthiest nation in th history of the planet. Ratcheting up taxes for the top 3%? Maybe not a bad idea. But I’d rather see a flat tax with no deductions to truly level the playing field. And just as the easiest way to find new energy is to conserve it, I’d rather the government address it’s budget issues by slashing the corporate subsidies and conserving our tax dollars.


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myimgYes sir, this is me. The real me. Not a facsimile or a digital representation but the real honest to goodness me. The living breathing human prone to outbreaks of kindness in between fits of quiet rage. So stop on by occasionally to see what I'm thinking about or what current event has me ready to head for the hills. Rotsa Ruck !!
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