I know a very easy way to alter the thinking of the media from the current ultra liberal mindset to something a bit more conservative. Do what they ask…. they want to tax the rich, then let’s follow their lead and set the top tax rate to match what is was during the last year in office of either of their two heros:

1945 – FDR 94% of income over $200,000
1963 – Kennedy 91% of income over $400,000

Take Mr. Olbermann’s contract estimated at $4,000,000/year

Now: 35% of income over $311,950 leaves somewhat under $2,700,000 net
FDR: 94% of income over $200,000 leaves somewhat under $400,000
Kennedy: 91% of income over $400,000 leaves somewhat under $724,000

A couple years of those rates would put a ton of cash in the federal coffers and maybe win over a few “hearts and minds” in the media.

When I was 13 (1962), I got my first real job at the ripe old age of 13. In prior years, I had worked summers on farms owned by two uncles for $5 a week spending money. Waaaay back then, you didn’t have a social security number at that age. Since I was a “junior”, I used by father’s SSN for the paperwork for my first jobs working evenings at a grocery store and weekends at an early version of a fast food place. In both cases, I lied about my age. I think I made somewhere around a buck an hour at each job and I thought it was all the money in the world. I remember picking up a tax package (even though I never filed… yep, I’m a tax cheat) and reading it and I wondered why in the world anyone would work to only get 9 cents of every extra dollar they earned.

CC

CapedConservative on October 4, 2008 at 7:10 AM