Republicans: Obama's Proposed Millionaire Tax is "Class Warfare"
Republicans are calling Obama's plan to fractionally increase taxes on millionaires "class warfare." Ah, the old "class warfare" trump card. Next thing you know he'll be imposing a dictatorship of the proletariat and rounding up kulaks. As they say, first they came for the super-rich...
President Barack Obama was expected to make the proposal on Monday, picking up on a repeated complaint by billionaire investor Warren Buffett that he pays taxes at a lower rate than his secretary...
Senator Lindsey Graham, a Republican from South Carolina, dismissed the Buffett rule as "just a political move by the president."
"When you say we'll tax one percent of the economy, that's class warfare," said Graham, who called for reforms that would eliminate deductions and flatten income tax rates overall.
America has slipped so far to the right that it can't even tax millionaires and billionaires at the same rate as the middle-classes, nevermind on a progressive scale, without convincing a large portion of the population that we're becoming the Soviet Union. Is there even hope anymore?