Tax the Snot Out of the Rich

A great article by Robert Reich, filled with some wonderful ideas: “The Obama Budget: And Why the Coming Debate Over Spending Cuts Has Nothing to Do With Reviving the Economy.”

Remember this: FDR proposed a 100% tax on income over $110,000 in 1942. Congress settled on 94% over $200,000. That was then, this is now, where Barack Obama persists in playing the part of Herbert Hoover.

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