A capital gains tax rate (making money off money) that is lower than the earned income rate (making money off work) is just not fair. Bestowing that rate on hedge-fund managers through a specially designed loophole is just not fair. Allowing the rich to take mortgage deductions for second and third homes, or for homes worth over $1 million, is just not fair. Allowing business owners like me to take myriad deductions that our employees cannot take is just not fair. But, most of all, allowing the wealthy to pay very low tax rates while interest on the war debt accumulates, deficits continue, and middle-class incomes deteriorate is just not fair.
… The GOP can recruit candidates with Hispanic surnames, tone down its platform, prep its members on talking points, and try to duplicate the Obama turnout machine. But if it remains the party of entrenched unfairness, it will never win another national election.
Nov 12 2012