Thursday, October 13, 2011
Kotkin: Wrong Target
In this article for Politico, demographer Joel Kotkin says that Obama's class warfare isn't aimed at the super rich, who make most of their money via capital gains taxed at 15%. Rather, says Kotkin, the Obama "tax of the rich" really aims at the upper end of the middle class, the earners of big salaries. Check out his arguments.