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Go Home People Like Taxing The Rich

JONATHAN CHAIT JANUARY 27, 2010

People Like Taxing The Rich

BY JONATHAN CHAIT

Yesterday Oregon voters approved, by an eight point margin, a ballot initiative to raise taxes on high income families to pay for more social services. This underscores an overlooked point, which is that the current angry populist mood may be hurting the Democrats, who hold power, but the mood is not an ideologically conservative one. People remain strongly in favor of raising taxes on the rich, though they have grown more conservative on other issues. Naturally, if Republicans do regain power, the one thing we can be sure they'll do is reduce taxes for the rich.

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Welcome back, Jon! I need some encouragement...actually, a lot. But, at least your and Jon-Jon's view might explain some of what felt like a suckout. And Harry Reid's wording, no matter what one thought its precise meaning (if any), was bizarre. I thought he might be dissociating, from exhaustion. Pelosi's language was cryptic. Maybe her hard drive hadn't fully spun down yet. Obama's reaction was the strangest of all. He never admits defeat, but his statements sounded as if he were on dilaudid. Maybe they all were, under Rahm's orders. Do you think? Well, obviously I hope you Jons are onto something, and maybe I don't have to run out and buy more Tums.

- Tgossard

January 27, 2010 at 10:22am

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Oops, wrong thread. But just the same. Oregon's voters don't do the sort of thing they did. Very strange.

- Tgossard

January 27, 2010 at 10:24am

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Which is why the Senate, the administration, a legion of beltway health care wonks should be sued for malpractice -- for rejecting higher taxes on the affluent to pay for an expanding coverage to the uninsured. And instead pitting the interests of the organized workers against the unorganized, of older workers in high insurance and health cost regions against younger workers in less lower cost regions, etc. The excise tax is both political suicide and morally repugnant.

- esmense

January 27, 2010 at 11:12am

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