Originally Posted by Taco John
This bit of rhetoric doesn't really mean anything to me. You balance a budget by reducing spending and/or raising taxes. Currently, the rich pay the lion's share of the taxes collected in this country. It doesn't really mean anything to say that the budget is being balanced on the backs of the middle class. It's just rhetoric - not anything based on actual fact.
It means that, since Reagan, policies and tax code changes have resulted in Romney paying 13% of his income, and his secretary paying 30% of hers. Of course the rich pay the lion's share of taxes collected if you put it all in a big pile and say who put in the most. And their incomes have quadrupled over the last thirty years on these wealth redistributing policies so they are not only making a hell of a lot more, they are keeping a hell of a lot more of what they make. And now they want to balance the budget by cutting grandma's Medicare and SS?
The rich in America have been on the gravy train for thirty years while wages and income for the middle class has stagnated or declined. Most of this is a result of policy. It's time those policies were changed. Like Lincoln said, the workers come before capital, for without them, capital doesn't exist.