Wednesday, November 12, 2008

Party of the Rich?

Barack Obama promised to raise taxes on the wealthiest Americans. But according to Mark Penn's exit polling data, those Americans helped put Obama in the White House: 49% of those voters making over $100,000 voted for Obama. (To compare, Bill Clinton got 38% of that vote in 1996.)

This isn't surprising. Despite accusations that Republicans favor the wealthy, Democrats have a recent history of high-dollar support. Naturally, those who can afford to pay the higher taxes probably have no problem with a "progressive" tax reform plan.

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