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Fox News: Millionaires who want higher taxes are 'despicable'

Following the re-election of President Obama, the American people validated the policy of raising taxes on the wealthiest Americans to help pay down the national debt. While the majority of the American people are on board with raising taxes on the top two percent, the right-wing media and Fox News aren't giving in so easily. With the national debt eclipsing $16 trillion, a long-term solution is needed. President Obama has put proposals on the table that start with compromise, asking the wealthy to pay their "fair share" while also tinkering with entitlement programs such as Social Security, Medicare and Medicaid. During the debt ceiling debacle last summer, the president and Republican Speaker of the House, John Boehner, were set to unveil their "grand bargain" deal which would have reduced the deficit by over $4 trillion dollars over the next decade. With pressure coming from the far right Tea Party, Boehner reneged on the deal and the grand bargain was shot down. With pressure on Washington to come to a deal, the right-wing media is continuing to play partisan politics and stick with the hard-line of "no new taxes." This past week on "Your World with Neil Cavuto" on Fox News, Charles Payne of the Fox Business Channel stated that millionaires who advocate for higher taxes are "despicable." "Why would we, people who are self-made, not trillionaires, not even multi-millionaires, but successful in America, have to be punished for it? ... I find these to be the most despicable people on the planet, I really do. ... They're not being honest." When the American people use their constitutional right to re-enforce policies, media pundits should recognize the outcome and report accordingly. According to a New York Times/CBS News poll, over 70 percent of Americans support raising taxes on people making over $250,000 a year. The biggest problem with the Republican party and the modern conservative movement is that they just can't seem to let go of the past. Until right-wing America embraces the path the country wants to go down, they will be handicapped and anchored to a past that no longer exists.

http%3A//www.examiner.com/article/fox-news-millionaires-who-want-higher-taxes-are-despicable


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