Elite Hatred of the 47 (or 99) Percent Is Nothing New

So I’ve slowly, but surely resuscitating my posts from the Blogger era (so if you follow the twitter feed and occasionally see a post from 2004, that’s why). On one of my earliest days of blogging, I linked to this Salon piece describing the mindset set of the Treasury Department circa 2004 (boldface mine):

So is the Bush administration truly pushing a system in which someone who lives off interest and dividends — say, Paris Hilton — would pay less tax than the person who cleans her bathroom? “Yes,” Press says.

Irons explains it this way: “I was recently at the Treasury Department, where they were talking about eliminating the estate tax. The attitude was very much, ‘Why doesn’t everyone realize that we’re the ones who create the jobs? Why doesn’t everyone realize that it’s us, the super-rich, that drive the economy?’”

He continues: “The attitude is that everyone who is working 40 hours a week doing an average job at a construction site, or is a store clerk, or me sitting in an office doing economic analysis, is feeding off the people who are the real successes. The attitude is that the economy should be geared to benefit the people who are business owners, who are rich, who are giving us the benefit of jobs. That’s what you really see in the tax code.”

Same as it ever was. What’s frustrating is how long it took so many to figure this out.

Remember: when times were better, conservatives wanted to cut taxes on the rich, and when times are worse, they…want to cut taxes on the rich. That’s their response to everything. And it stems from them believing they’re better than the rest of us.

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