On Thu, Nov 15, 2012 at 8:19 PM, michael perelman < [email protected]> wrote: > Max, I want to believe you. I think that the WSJ's targets are more > likely -- home mortgage deductions, employer provided health care ... > things that will hit the middle class & leave the corps unscathed. >
That doesn't sound so bad. The US "middle class" is quite capable of taking care of its interests. It is politically powerful, and by historical and global standards very, very well-off and can absorb some modest tax increases. It is the poor who are utterly powerless and it is likely they, not the "middle class" who will likely be targeted.(Medicaid, food stamps, unemployment insurance, welfare, etc). -raghu.
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