Reply to Ted Leonsis has an excellent take on class warfare

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[quote=Anonymous] I’ve got a few questions for Leonsis.

1. We had steeply progressive taxation in this country from World War I until the late ’80s. In that period, the US economy became the most powerful in the world and the American middle class grew like none other in history. Was that “class warfare”?

2. Taxes are at historic lows for the top 1% and total tax levels are also at historic lows at a time when the country is facing a decaying infrastructure, closing schools and record numbers of American children are surviving on food stamps. Is that a problem?

3. The concentration of wealth at the top in this country hasn’t been this pronounced since the 1920s. Is that a problem? What should be done it?

4. Studies show that Americans favor a much more equitable a distribution of wealth — akin to a country like Sweden. Is this belief rooted in resentment or “class warfare”?

(http://firedoglake.com/2011/09/27/billionaire-owner-of-washington-wizards-wants-obama-to-stop-calling-him-rich/)[/quote]

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