Fuck the greedy “job creators.” It doesn’t make any sense not to implement the “Buffet Rule” now, but an upper tax rate of 30% isn’t nearly enough (it’s a start, though). The estate tax should be 90%

As Stephen Marche writes in Esquire:

[N]obody wants to admit: If your daddy was rich, you’re gonna stay rich, and if your daddy was poor, you’re gonna stay poor. Every instinct in the American gut, every institution, every national symbol, runs on the idea that anybody can make it; the only limits are your own limits. Which is an amazing idea, a gift to the world — just no longer true. Culturally, and in their daily lives, Americans continue to glide through a ghostly land of opportunity they can’t bear to tell themselves isn’t real. It’s the most dangerous lie the country tells itself.

More than anything else, class now determines Americans’ fates…

The majority of new college grads in the United States today are either unemployed or working jobs that don’t require a degree. Roughly 85 percent of them moved back home in 2011, where they sit on an average debt of $27,200. The youth unemployment rate in general is 18.1 percent. Are these all bad people? None of us — not Generation Y, not Generation X, and certainly not the Boomers — have ever faced anything like it. The Tea Partiers blame the government. The Occupiers blame the financial industry. Both are really mourning the arrival of a new social order, one not defined by opportunity but by preexisting structures of wealth.

The rich need to be soaked. It’s gotta happen.

And clearly, it’s going to happen. Someone needs to break the news to the fucking Republicans…
 

 
Previously on Dangerous Minds:
American Oligarchy: Republicans cock-block ‘Buffet Rule’ vote

Via The Maddow Blog