A long-term trend?

You're not jealous because the majority of us have a lower tax rate than do most of you in the Frozen North, are you?  I think what Obama is doing, tax wise, falls under the heading of fixing things George W. Bush f'd up. 

From MoveOn.org the liberal organization:10 things you should know about Obama's plan (but probably don't)

The plan:

1. Makes a $634 billion down payment on fixing health care that will go a long way toward paying for a more efficient, more affordable health care system that covers every single American.3
    
2. Reduces taxes for 95% of working Americans. And if your family makes less than $250,000, your taxes won't go up one dime.4
    
3. Invests more than $100 billion in clean energy technology, creating millions of green jobs that can never be outsourced.5
    
4. Brings our troops home from Iraq on a firm timetable, finally bringing the war to a close—and freeing up almost ten billion dollars a month for domestic priorities.6
    
5. Reverses growing income inequality. The plan lets the Bush tax cuts for the wealthiest Americans expire and focuses on strengthening the middle class.7
    
6. Closes multi-billion-dollar tax loopholes for big oil companies. 8
    
7. Increases grants to help families pay for college—the largest increase ever.9

    

8. Halves the deficit by 2013. President Obama inherited a legacy of huge deficits and an economy in shambles, but his plan brings the deficit under control as soon as the economy begins to recover.10
    
9. Dramatically increases funding for the SEC and the CFTC—the agencies that police Wall Street.11
    
10. Tells it straight. For years, budgets have used accounting tricks to hide the real costs of the wars in Iraq and Afghanistan, the Bush tax cuts, and too many other programs. Obama's budget gets rid of the smokescreens and lays out what America's priorities are, what they cost, and how we're going to pay for them.12

{;-) Dan in Miami

PS:  The devil is in the details.  We shall see.

PPS:  Most of the above 10 points are from articles in the liberal NY Times.

"His plan brings the deficit under control as soon as the economy begins to recover." And if it doesn't recover any time soon?

... deflation + fewer jobs.

{;-) Dan in Miami

...the Earth gets devoured by a giant mutant Star-Goat?

_______________________________

~No, my young padawan; this one is mine.~

That's what happened during the Great Depression.  Prices went lower and lower as demand for goods and services went down.  This led to lower production which meant that more people were fired.  Since fewer people had jobs demand went even lower.  This meant even lower demand and lower prices.  It was a downward spiral that only massive government intervention was able to reverse.

{;-) Dan in Miami

It didn't work.

{;-) Dan in Miami