“Tax, Tax, Tax the Rich!” Calls to Tax Wealthy Making Right Wingers Sweat? | | AlterNet

It’s about time….

The main driver of the Federal Deficit is the Bush Tax Cuts for the Wealthy.

End those tax cuts for the wealthy and get out of Afghanistan and Iraq and we won’t have any budget problems…

A simple but powerful chant is now starting to reverberate, all across the country, in protests against budgets cuts gone wild.

“How to fix the deficit?” marchers are shouting. “Tax, tax, tax the rich!”

That sentiment, unfortunately, hasn’t yet reached deep into many law-making chambers. Last week, in the nation’s capital, Rep. Jan Schakowsky from Illinois did introduce legislation that would up taxes on income over $1 million, from the current 35 percent to a range of new rates that run from 45 to 49 percent.

But the budget debate in Congress still revolves almost exclusively around questions about how much to cut, with no attention at all to the vast untaxed fortunes of America’s super rich. In state legislatures, largely the same story.

So why are cheerleaders for America’s rich starting to sweat? They’re hearing the rising drumbeat — from labor and community groups the nation over — for new “millionaire” taxes. And they’re watching the polls, too. Over 80 percent of Americans, the latest surveys show, want higher taxes on our richest.

via “Tax, Tax, Tax the Rich!” Calls to Tax Wealthy Making Right Wingers Sweat? | | AlterNet.