Class War in America - by Stephen Lendman
America is defined by class war. Now it's to destroy the middle class.
Class war raged for decades. Business and America's super-rich always win. In his 1925 short story titled "Rich Boy," F. Scott Fitzgerald said:
"Let me tell you about the very rich. They are different from you and me. They possess and enjoy early...They think, deep in their hearts, that they are better than we.."- Advertisement -
"Even when they enter deep into our world....they still think that that they are better than we are. They are different."
In his article, titled "The Truth About 'Class War' in America," economist Richard Wolff said:
"The last 50 years have indeed seen continuous class warfare in and over federal economic policies."
Corporate giants and America's super-rich waged war against working Americans and won. Notably since the 1970s, "(b)usiness and its allies shifted most of its federal tax burden onto individuals."- Advertisement -
Since WW II, tax rates on super-rich Americans fell from 91% to 35% today. Obama's deficit cutters want it lowered to 24% along with eliminating some deductions with loopholes to compensate and save others. Moreover, they want the top corporate tax rate slashed from 35% to 26%.