Edwards Made it Easy...

[Professor S]

We already use a progressive tax, so rich people already pay a much higher percentage (in theory) than poor and middle class people do even after the tax cuts that were put in place. Even if we had a flat tax (which I am a big fan of) rich people would still be paying much more than you or I do simply because they make much more money than you or I.

But in the end, all the Democrat's wind blowing about taxes means nothing, because of all the tax shelters and loopholes the rich are given through the current tax system. The democrats matra sounds good, but in the end all it means is that they are taxing rich people at a higher rate that those rich people won't have to pay anyway.

Who will higher taxes hurt? Self made rich. Those that actually became rich from out of nowhere and don't know how to handle their newfound wealth. Look at what happened to MC Hammer. In the end our progressive tax system actually works against the American dream. The way we handle taxes, especially under democrat's view of taxing the crap out of the rich, does more to continue the "Two America's" cycle than the Republican's ideal of taxing them less. Don't even get me started on Estate/Death taxes and how they benefit the rich and create even more severe class divisions than anything...

Like so much of the Democrat dogma, under closer inspection their views fall apart.