I am sorry, but this will be a short diary.
On MSNBC, Norah O'Donnell right now, two references were made to Biden's supposedly saying that it's patriotic to raise taxes.
She just did it again.
Biden said it's patriotic to PAY taxes. It's always good to pay your taxes. Sometimes wealthy people have to contribute to a society they use for their own benefit, and a society that has contributed to their well-being.
What in the world is the matter with that? If you don't pay your taxes, are you being patriotic???!!! If you have to pay a bit more, if you're making $250,000 or more, aren't you talking about the ethics of being an American? Aren't you talking about what your responsibility is to your country?
Where I come from, that's patriotism.
If kids can give their lives for their country, you can make a contribution through paying taxes.
Supply-side hasn't worked. If we lower taxes on the rich, when our country is in the shape it's in, we don't "encourage more job creation." We make it possible for corporations to send jobs overseas.
We have now lived under Milton Friedman's supply-side economic theory for the past eight years of Bush, plus the elder Bush and Reagan. Has it helped?
I think not.