MoveOn: This is Rediculous! The media has been obsessing about President Obama's plan ...

[Triana]

... to roll back the Bush tax cuts for the wealthiest Americans—from 35% to 39.6%—even asking if that makes him a socialist.

But do you know what tax rate the wealthiest Americans paid on the top portion of their earnings at the end of Ronald Reagan's first term? 50%.

Under Richard Nixon? 70%. Under Dwight Eisenhower? 91%!

Shocking, right?

And for all the whining about rolling back Bush's irresponsible tax cuts, the truth is that Obama's plan cuts taxes for 95% of working Americans. Further, it closes huge tax loopholes for oil companies, hedge funds and corporations that ship jobs overseas so that we can invest in the priorities that will get our economy back on track.

We saw a great chart in The Washington Monthly that shows just how absurd Republican complaints about Obama's budget are. Can you check it out and then fax the flyer we've prepared to your senator, so (s)he knows not to parrot Republican talking points?

Click below to download the flyer.

http://pol.moveon.org/fax/oneoffs/index_863.html


CHART/FLYER: