Monday, September 19, 2011

NEW VOICE COLUMN UP, about Obama's proposed tax plan and how awful it would be if taxes were raised on the rich. I regret that Megan McArdle had yet to open her yap on the subject when I wrote this, but there's plenty of pro-rich stupidity on display nonetheless.

UPDATE. As of 3 pm McArdle has yet to weigh in on the subject but, a commenter points out, she has compared Netflix to Medicare, for no good reason except Netflix fucked up, which gives her something new and bad to point to and say to Medicare, "See that guy over there? That's what you look like." So we can't be too disappointed with her.

All the other wingnuts are huffing and puffing as expected. At National Review, Veronique de Rugy:
First of all, let me note that there is something unseemly about the idea that a super-millionaire like Warren Buffett should be setting tax policy, no matter how talented and successful he is as a businessman.
It's almost funny, in a pathetic way, to see a toff like de Rugy pressed to act the populist. Especially when -- disguised in overalls and a newsboy cap, and trying to carry herself like she's seen her gardener do -- she tells the boys and girls how persecuted her rich masters are:
The president spends a lot of time talking about the fairness of the tax code. The question here is, “Do the rich pay their fair share in taxes?” The top 1 percent of income earners pay 38 percent of income taxes and earn 20 percent of income, which is highly progressive...
As long as we're turning fairness apples into fairness oranges, we might also point out that the top 1 percent also control two-thirds of the national net worth, earn 24 percent of America's income, etc. Fairness-wise, I think we should just squeeze them till they poop gold coins.

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