Arguments Against Obama’s “Class Warfare”

Yale Professors of Law Bruce Ackerman and Anne Alstott wrote an Op-Ed in the LA Times supporting an annual wealth tax and urged President Obama to institute it.  In a LA Times blog, many argued against it.  One particular business owner, known as “freedomguy”, posted “Now if [Obama] wanted to reverse the job killing policy of NAFTA, signed into law by Clinton, and offer incentives to business that hires here in America, I would support that.  If he wanted to tax goods manufactured overseas and shipped into the US, I would support that.  If he wanted to tax companies that utilize foreign workers and fine companies that are caught hiring illegal immigrants, I would support that.  But the nonsense in this op-ed is just that, nonsense.”