Hubris of the wealthy on full display here
Which shouldn't surprise anyone
But why isn't this type of thing played in the media more often, instead of allowing Boehner's claims to go unchallenged about how the rich suffer? And why do those the wealthy hold so much contempt for give so much support to them?
This writer from the economist gets it:
Mr Schwarzman is saying he's willing to pay higher taxes as long as the middle class does too, and as long as entitlement programmes that benefit the bottom two-thirds of the income scale, like Social Security, Medicare and Medicaid, are cut. Amazingly, he includes in his call for "shared sacrifice" a plug for a flat tax, a measure long beloved by billionaires that would eliminate the progressivity of the tax code. Mr Schwarzman is right that tax hikes on the "wealthiest two per cent" won't be enough by themselves to fix America's fiscal problems—though the same point could be made about any individual deficit-reduction measure. And pretty much everyone recognises that Medicare and Medicaid spending ultimately has to be reined in. But the repeated focus on ensuring that a deal "falls equitably on all shoulders" is curious for a guy who elsewhere attacks a concern with social justice as "class warfare". And the thrust of the piece isn't so much that he's willing to "share the pain" of the middle class, but that the middle class should "share the pain" of Steven Schwarzman.
Billionaires for taxes: The rich also cry | The Economist
http://www.Economist.com/node/21528919(Sent from Flipboard)