That's the headline for
The New York Times story
here. Actually it was George W. Bush who started the "class warfare" with his tax cuts for the most wealthy, which then busted the budget. Of course Bush's wars and ill-conceived drug benefit for Medicare also helped.
“It adds further instability to our system, more uncertainty, and it punishes job creation,” Mr. Ryan said on “Fox News Sunday.” “Class warfare may make for really good politics, but it makes for rotten economics.”
What "job creation"?
Mr. Durbin said that taxes should be raised on “those who are wealthy and comfortable and wouldn’t even notice it.” . . .
The millionaires’ rate would apply to fewer than 450,000 taxpayers, they said; 144 million returns were filed for 2010. . . .
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