Monday, September 26, 2011

6 Ways the Rich Are Waging a Class War Against the American People
By Joshua Holland, AlterNet
Posted on September 25, 2011, Printed on September 26, 2011
There hasn't been any organized, explicitly class-based violence in this country for generations, so what, exactly, does “class warfare” really mean? Is it just an empty political catch-phrase?

The American Right has decided that returning the tax rate paid by the wealthiest Americans from what it was during the Bush years (which, incidentally, featured the slowest job growth under any president in our history, at 0.45 percent per year) to what they forked over during the Clinton years (when job growth happened to average 1.6 percent per year) is the epitome of class warfare. Sure, it would leave top earners with a tax rate 10 percentage points below what they were paying after Ronald Reagan's tax cuts, but that's the conservative definition of "eating the rich" these days.
 

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