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Just hours after President Obama unveiled his
tax proposal last night that ask corporations and the rich to their
part and stop forcing the middle class to bear the brunt of the burden,
Republicans are already wailing about taxes and fear-mongering,
claiming the proposals will hurt the middle class, tax cuts for the
middle class don’t help the economy (LOL), and the usual cries of
liberty (for the rich).
However, there is no legitimate reason why
Republicans, who claim to be all about tax cuts, won’t help the
President reform the tax code in a way that stops abusing the middle
class. Matt O’Brien, who covers economic affairs for the Washington
Post, explained in a tweet, “Obama wants to increase taxes on rentiers & heirs, 99 percent of which would come from the top 1 percent.”
In fact, some of Obama’s plan would hit the top .001 percent, according to O’Brien’s calculations in the Washington Post, and it incentivizes work for middle class families.
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