Why Are OWS Protesters Repeating White House Talking Points?
“Make the rich pay their fair share” is an Obama campaign slogan, and his new tax rule won’t even affect the rich
Paul Joseph Watson
Wednesday, October 5, 2011
Many people have rightly pointed out that the Occupy Wall Street protesters are a diverse bunch with different beliefs, and as such have no single set list of demands. However, the one message that has been embraced by the majority of demonstrators is to “make the rich pay their fair share,” which has also been a consistently repeated talking point out of the Obama White House.
The problem with the so-called “Buffett tax rule,” or making the rich “pay their fair share,” which both the Obama administration and OWS protesters have jointly advocated, is that it will do nothing to “make the rich pay their fair share,” and everything to bankrupt middle class businesses, the lifeblood of the American economy.
As the Wall Street Journal reported, the Buffett tax rule, which White House Spokesman Jim Carney made it clear the Obama administration was behind, would mostly impact the middle class, not Warren Buffett or Wall Street corporations.
“Roughly 90% of the tax filers who would pay more under Mr. Obama’s plan aren’t millionaires, and 99.99% aren’t billionaires,” pointed out the WSJ analysis.