Let me say that again: Somebody who has worked long hours his whole life to save for his son’s college has to pay taxes at more than twice the rate as his boss. Where I come from, that man’s hard work means at least as much to the future of this country – not half as much – as what his boss does. After the biggest lapse in corporate responsibility in our lifetimes, we shouldn’t be letting a CEO who pays himself hundreds of times more than his workers pay lower taxes than the workers themselves.
Mr. President, I challenge you. Explain why you think a multimillionaire should pay 15% on his next million, while a fireman has to pay over 30% for each extra dollar of overtime. Mr. President, explain how you square that with America’s values.
A guarded Hurrah! all round, I think.