Jon Ward talks to a distraught Obama mega-donor who spent much of Monday telling reporters about how distraught he was.
“I’m so tired of hearing that the rich are not paying their fair share of taxes. Yeah we are,” Peebles said. “The super vast majority of wealthy Americans do not wake up every day and say, ‘Let’s see how we can pay less than our fair share of taxes.’ They say, ‘We’re going to follow the law and we’re going to hire some good accountants to tell us how to do it. And we’re going to pay no more or no less than our fair share.’
The poor can’t really hire “some good accountants.” Is this really the first the donor has heard of Obama’s five-year-old plan to raise the top tax rate back to Clinton-era levels?
Alex Seitz-Wald tells the secret history of Romney and the Kochs.
Also, if you can pull yourself away from the health care repeal vote today, read Monica Potts’s deeply-lived piece about rural poverty.