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In the discussion thread: We the people have already lost. [View all]

Response to MadHound (Original post)

Mon Dec 10, 2012, 10:39 AM

167. MadHound has it right.

I am not even convinced that President Obama will demand that the tax rates on the wealthy return to the Clinton era rates. He has repeatedly said that they must go up, but I have not heard heard said that the will be returned to those earlier rates. I am all for going over the so-called cliff. It would at long last begin to rein in the Military Industrial Complex that is robbing the nation's working class. I would have really supported Obama if he said that the rates on the wealthy must be 50% and have included capital gains as a regular source of income. Regarding capital gains, since many companies have dropped their pensions and award stock options, a certain amount could be excluded.

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