“President Obama’s senior staff laid out his proposal to control the federal deficit while creating jobs Sunday night. The plan claims to cut more than 4 trillion over the next decade, largely from a $1.5 trillion increase in taxes targeting the wealthy.”
These are the opening lines from Massimo Calabresi’s article entitled, “Obama’s Tax Plan: ‘Fair Share’ vs. ‘Class Warfare’?” on Time.com. While I appreciate the author’s attempt at balance, evaluating both viewpoints along the way, I cannot help but think the overall point is missed.
Asking whether President Obama is engaging in class warfare is a bit like asking whether the pope is Catholic. He’s draped in it. We need to catch up a bit and recognize that the class battle has been raging for some time now.
Even Calabresi’s article admits that the wealthiest 1% of Americans pay nearly 40% of the entire national tax burden, “while the bottom 50% paid only 3%.” Our President’s posturing? “The rich need to pay their fair share.” 1% paying nearly 40% is fair? No, our President demands more.
The ultimate and deadly irony here is that President Obama expects to level $1,500,000,000,000 (you need to see the zeros) of new taxes against the wealthy – the big business owners and investors of our nation – and create jobs. The people clobbered with these taxes are expected to pay up and still find funds and capital to expand their business and create new jobs?
Karl Marx said, “The class struggle necessarily leads to the dictatorship of the proletariat” (the working man). What are we witnessing, if not this? The proletariat, through the edicts of our President, are becoming the dictators of America. Budget problems? Don’t cut spending, tax the rich. Deficit problems? Don’t end unconstitutional government programs, tax the rich. Unemployment rising? Create more government regulation for businesses, punish those who do not obey your mandates, and tax the rich.
We are not heading down the road of class warfare, we are neck-deep in it.