Tax Rates as a Frontline in a Class War

Shut Up, Tea Partiers, We're On the Same Side ... Sort Of:

90 Percent of Us Should Pay No Taxes

By PAUL BUCCHEIT
April 23 - 25, 2010

"And the tax issue, dear Tea Partiers, is where we should be on the same side. No taxes, at least for 90% of us. But we keep bickering, and the country's super-yacht owners keep smiling. They are our common enemy. The wealthiest 1% of Americans, who have been the beneficiaries of the largest redistribution of income since the Great Depression, want the poorest 90% of us to believe that ANY tax will hurt EVERYONE.... Twenty-five years of shrewd financial strategies, government deregulation, and tax cuts have allowed the richest 1% to TRIPLE their incomes, AFTER TAXES, while the bottom 90% has seen their share drop over 20%. According to IRS figures, the richest 1% took in about 6.5% of America's total income in 1980. In 2006 it was about 19.5%. That's a TRILLION dollars a year, one-seventh of America's total income."

See also:

Taxing the Rich Wins in Oregon: Beating the Corporations

By SHAMUS COOKE