Class Warfare Dominates Tax Debate

As the week wore on, we couldn't help noticing a common theme: Mitt Romney's taxes, Warren Buffett's taxes, Warren Buffett's secretary's taxes. In fact, Barack Obama built his entire State of the Union address around envy, virtually declaring it the long-lost, ultimate American value and pointing to the aforementioned supposed tax disparity as proof. The tax code is indeed a glaringly obvious problem. It pits every constituency against the rest, and Leftists are especially adept at exploiting that to wage class warfare.

Obama's tired refrain is that the rich don't pay their "fair share" -- not even as much as their secretaries. The president trotted out the secretary of billionaire Warren Buffett to "prove" his point. He claimed that she pays a rate higher than her boss, despite the obvious income disparity (Buffett says she earns about $60,000 a year). Facts, as usual, are the first casualties. For starters, he compared apples and oranges by contrasting her total tax burden with Buffett's rate on federal income taxes.

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