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Neil Cavuto Launches a Class War - The Rich v. Everyone Else

Reported by Melanie - April 17, 2006

During the first half of Your World w/Neil Cavuto today (April 17, 2006) Cavuto promoted two upcoming segments several times. One promo was this: Coming up, "a guest who says the rich shouldn't pay taxes." Another was: "Poor people have it good." And again, "Let the rich off?"

Eventually, Cavuto returned from a break and introduced four roundtable panelists culled from Fox's Saturday morning block of four "business news" shows that Fox calls, collectively, "The Cost of Freedom." With a graphic over his shoulder that read, "Tax Break for the Rich?," Cavuto posed this question:

Wouldn't it be better for America and our economy if wealthy people paid a lot less in taxes?

Jonathan Hoenig, of "Cashin' In" spoke first:

Well, Neil, the rich already pay the vast majority of taxes in this country. The top 1% pay about 30% of all taxes. The top 30% pay almost 90% of all taxes and the bottom half of wage earners pay almost no taxes at all. So, I mean, the rich are already being soaked. The fact is, they've earned their money. They have a moral right to keep it and not have it redistributed to less productive members of society.

Tom Adkins, the founder of The Common Conservative website and the husband of Fox's Brenda Buttner, host of the Saturday morning "business news" show, Bulls & Bears, said,

Every time you've raised taxes since l960 the economy has slowed down, almost to a recession, and we've gotten almost no revenue growth.

Terry Keenan, the host of "Cashin' In" argued in favor of something like a "flat tax."

Jonas Max Ferris said,

The working man gets hosed on the tax thing. He's the one who pays all the taxes...the top 1% does control over half the wealth.

Wealth is not taxed very high in this country. Income is...a guy who lives off passive income and dividends now pays hardly anything.

(Comment: Thank goodness for Ferris' voice of reason. He was the only one who raised the issue of taxing wealth, which is far different than taxing wages.)

Hoenig again,

But, he has earned it and the rich don't become rich on the backs of the poor. The fact is that the progressive tax system...

Adkins interrupted,

They paid taxes getting there!

Cavuto wondered what would happen if "we cut the top rates from 35% to 28%...what would happen to the economy?"

Hoenig:

It would boom Neil. I mean, the fact is, it's hard for most people to hear, the richest people by far measure, are the most productive people in society. They don't earn their money on the backs of the poor. These are the prime movers, the investors, the innovators who make this country great. So, lower taxes on them and you're going to see the economy boom.

But that's not the real reason to do it. The real reason to do it is because its moral. I mean, this is America. A man should have a right to keep what he earns and not have it redistributed to less productive people willy nilly.

Here's a link to video of the segment.

Comment: A few minutes before this segment aired, Cavuto hosted Dan Patrick, a guy who's running for the Texas state senate. That segment was titled, "Should America Tax the Money Illegals Send Home?" Patrick said we should tax the money "illegals" earn here (and pay taxes on, I might add) but send home to relatives outside the U.S. Apparently, only the rich have a right to keep what they earn.

If that isn't bad enough, the segment that followed the roundtable was titled, "Being Poor in America Isn't What it Used to Be." It featured Douglas Besharov of the radical right American Enterprise Institute, who discussed his March, 2006 article, Poor America. As Cavuto introduced Besharov, a graphic appeared over his shoulder that read, "Living 'Poor' in America" (notice how Fox put the word poor in quotes) and you should have heard the discussion. It was, in essence, that poor people in the U.S. aren't really poor because, for example, 93% of them own color TVs, 50% have air conditioning, and 46% own homes.

If this isn't class warfare - or, probably more specifically - war on everyone but the rich, I don't know what is. The next time, and every time thereafter, that Cavuto claims the "Democrats have started class warfare," I'll be sure to do a post linking to this one.

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