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Home » Discuss » General Discussion: Presidency Donate to DU
ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-06-11 04:58 PM
Response to Reply #1
2. It's
proof that OWS and the discussion about inequality is resonating, but it also shows the extent to which the media will go to protect the wealthy.

Cuomo was against the millionaire's tax and wanted it to expire. Making the tax cuts across the board allows him to claim he raised taxes because those earning more than $2 million because they will pay the most, 8.82 percent, but it's .35 percent lower than the current millionaire's tax.

The bogus part of this is that those with incomes between $1 million and $2 million will be spared the millionaire's tax, getting a huge 2.1 percent tax cut.

Now, what's Cuomo going to cut to make up the additional $1.6 billion of the budget shortfall, especially when the perception is being created that he already taxed the rich?

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