What The GOP Doesn’t Want You To Know About Obama’s Tax Plan: The Rich Get A Tax Cut Too

What The GOP Doesn’t Want You To Know About Obama’s Tax Plan: The Rich Get A Tax Cut Too: After President Obama announced his plan to extend some of the Bush tax cuts for one year while allowing the cuts on higher incomes to expire yesterday, conservatives quickly revived the “class warfare” talking point they have used faithfully in tax debates before. These claims, however, rely on a fundamental misunderstanding of America’s progressive tax [...]/p