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Reply #18: Millionaires are not our enemy. [View All]

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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-06-04 10:47 AM
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18. Millionaires are not our enemy.
Having a million dollars in assets may have been an unimaginable level of wealth 50 years ago, but today a two-income family earning $100,000 a year gets $1 million in ten years. Not unimaginable.

The GOP media has these people believing that they are rich. How many MIDDLE CLASS people did they get to care passionately about the "Death Tax"? How many did they get to believe would be helped a great deal by Bush's trillion dollar tax cut? Something like 40% of people surveyed think they are in the top 10% of income earners. The GOP media has them thinking that the Dems want to take away their "riches".

The huge tax cut doesn't help them. The elimination of the Estate Tax doesn't help them. If they're lucky, they might get a couple hundred bucks from the cut in Capital Gains Taxes - just enough for one months' payment on their personal debt.

Millionaires have the same concerns and worries as any other middle class workers - health care, education for their children, and being able to raise their family in a safe environment.
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