I'm against high taxes. But we certainly cannot be so anorexic in government that we cannot function.
When we were at peace, Democrats wanted to raise taxes. Now there's a war, so Democrats want to raise taxes. When there was a surplus, Democrats wanted to raise taxes. Now that there is a mild recession, Democrats want to raise taxes.
You know what isn't class warfare? Progressive taxation, as in, say, expecting billionaires to pay at least as much in taxes as their secretaries. Ideally, in fact, they should pay more.
My biggest worry is that Obama says he's going to tax the upper 5 percent by raising their taxes by 20 percent. But among that 5 percent are the corporations that are hiring middle-class Americans.
In Britain, polls show large majorities in favour of mansion taxes and higher taxes on the finance sector.
Ford's federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits.