What "Class Warfare" Really Looks Like
For decades, the gap between the super-rich and everyone else has steadily grown, in part because of policy approaches that favor the wealthy, like cuts in estate taxes and a myopic belief that the most important taxes are the taxes paid only by the rich. Now, with President Obama proposing a tax increase for income above $1 million, Republicans are predictably howling about "class warfare."
That's long been a favorite rhetorical ploy of conservatives and many in the media. Five years ago, Warren Buffett cut the nonsense: "There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning."
Buffett was right: The rich are winning, and they're doing so with the help of Republican politicians, the foot soldiers in the war against the middle class and poor. As you listen to people like Rep. Paul Ryan (R-OH) disingenuously denounce class warfare, keep in mind some recent examples of what it really looks like: