Tuesday, July 10, 2012

Commentators are 1%ers -- They don't get it

On MSNBC's Morning Joe, sitting around the table, none of the panel objected when one commentator said something like "$250,000 ... we can't raise taxes on a family making $250,000 ... say, a fireman & a teacher combined " Find me ONE fireman & teacher family with an income over $250,000! The idea of NOT letting the "Bush tax cuts" expire on those making more than $250,000 is absurd. Besides, it's a MARGINAL tax rate ... tax on the first quarter million would not be raised anyway. Make it policy ... not politics. Commentators are 1%ers. THEY don't get it either.

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