“The spectacle of high-income Americans, the world’s luckiest people, wallowing in self-pity and self-righteousness would be funny, except for one thing: They may well get their way,” columnist Paul Krugman wrote about the rich being angry about possibly losing their Bush-era tax breaks. “Never mind the $700 billion price tag for extending the high-end tax breaks: Virtually all Republicans and some Democrats are rushing to the aid of the oppressed affluent. . . . And when the tax fight is over, one way or another, you can be sure that the people currently defending the incomes of the elite will go back to demanding cuts in Social Security and aid to the unemployed. America must make hard choices, they’ll say; we all have to be willing to make sacrifices. But when they say ‘we,’ they mean ‘you.’ Sacrifice is for the little people.”
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