Atlantis Alumni

Friday, February 27, 2009

Class Warfare And Socialism

Since the "Reagan Revolution" we've had class warfare directed at the middle and working class. Pre-Reagan, the top marginal tax rate was 70 percent (what the rich paid,) now it's 35 percent and they are griping.

We will all have to sacrifice and those able to afford to pay more in taxes will have to do so. Calling it socialism is disengenuous. We've had a form of socialism for the rich since Reagan as they have enjoyed the bounty that this country provides without having to pay in proportion to their great wealth to support it. We've also had plenty of "socialism" of late for the corporations, Wall Street, and the banks. It's high time some of that "socialism" benefits the poor, the working class, and the middle class.

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