Friday, July 13, 2012

Four Point Six

Kevin Drum explains Four Point Six "I just want everyone to be absolutely clear on what this 'narrative of aggrievement' is all about. It's about Obama's proposal that the marginal tax rate on income over $400,000 should rise from 35% to 39.6%.

That's your aggrievement. That's your entitlement. That's your socialism. That's your class warfare. An increase in the top marginal tax rate of 4.6 percentage points."

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