Obama’s courageous move on taxes

Interesting to see the speed with which the Wall Street establishment is already fighting back against Obama’s proposed tax reforms – WSJ claptrap about “Soak the Rich Taxes won’t work” only masks the reality that the rich don’t pay taxes in the USA – it’s always some other poor bugger picking up the tab. And never any mention of the indirect tax cuts that come of depriving the public purse from tax revenues that are lost through writeoffs and exemptions, that wealthy people and corporations have always used in order to fund private education, religion, corporate sponsorship and donations to political parties…