It seems like everyone in America read Warren Buffett's recent New York Times op-ed, in which he implored the government to stop giving tax breaks to the country's super-rich. As Jon Stewart pointed out last night, conservatives on Fox News deemed Buffett's treatise -- and the very notion of raising taxes for the wealthiest Americans -- a declaration of "class warfare" against the rich. Oh please.
Doing what he does best, Stewart completely destroyed that line of reasoning, pointing out, among other things, that income inequality in the U.S. is worse than in many developing nations. Also: "Raising the income tax rate on the top 2% of earners would generate $700 billion. But taking half of everything the bottom 50% have in this country would do the same." YUP.
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