Wednesday, July 11, 2007

O'Malley: Tax the Rich

I know that Taxes are a taboo subject in a era of market fundamentalism, but if you really want to fulfill your promise you're going have to raise taxes. When I mean raise taxes, I mean raise them for the rich. Create a top rate of 60% for people who earn at least $50,000 per year. That would raise more than enough to prevent the budget crisis. Then again, O'Malley is probably another neo-liberal Democrat.

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