Obama never did promise us that he'd restore the top margin tax rate from its current level of 35% back to its pre-Bush level of 39.6%. But by not doing this, Obama is coming across as more of a puppet for the super-rich and less of a champion of the middle class than Clinton ever was. I find this to be especially disturbing given that Clinton was one of our most Republican-bent Democratic presidents in recent times...
Hi Arun,
ReplyDeleteObama never did promise us that he'd restore the top margin tax rate from its current level of 35% back to its pre-Bush level of 39.6%. But by not doing this, Obama is coming across as more of a puppet for the super-rich and less of a champion of the middle class than Clinton ever was. I find this to be especially disturbing given that Clinton was one of our most Republican-bent Democratic presidents in recent times...
http://lanekenworthy.net/2009/01/06/why-wait-to-raise-top-tax-rates/