Prediction: Over the Fiscal Cliff
Susan Estrich, who ran, by the way, the campaign for president Mike Dukakis in 1988, is now a lawyer, a law professor at USC. She’s a commentator on Fox. She also has a syndicated column. And in her most recent syndicated column, she’s alarmed. She is worried about Obama’s tax policy. The title of her column is, “The Mandate to Raise Taxes on the Rich.” She lists all the reasons she voted for Obama.
“I voted for him because I know how hard it is to buy health insurance for a single person. In the case of my nanny, housekeeper, dear friend, it was gastritis,” preexisting condition, and she couldn’t get insurance, but now she can. That’s why I voted for Obama.
“Years after I stopped worrying about unwanted pregnancies, I did not want to risk Roe v. Wade. I was appalled that contraception could even be an issue. I believe that whoever wants to marry should have a right to do so regardless of their sexual orientation. I voted for Obama because I worry about cutting back on environmental regulation. I voted for Obama because I believe local schools need help from the federal government, because I believe we are one country, and that if there is an earthquake in California, we will need as much help from our fellow states — which is to say the federal government — as New York and New Jersey do in dealing with the aftermath of Hurricane Sandy.” I voted for Obama ’cause how well he fixed that aftermath. I added that. She didn’t actually write that.
“I voted for Obama because he ended the war in Iraq and is committed to ending the war in Afghanistan. I did not vote for Obama because I think I am paying too little in taxes.
Like many people I know, I am ‘rich’ by Obama’s standards. I pay more taxes, percentage wise, than Mitt Romney and Warren Buffett, because I earn virtually every penny of my income. I work. And yes, all those deductions that allow the truly rich to not work, or at least to not work all the jobs I do, make me angry. I am all for closing loopholes. I am all for ending deductions for things I don’t even understand. But I am not for putting a low cap on deductions that would make it all but impossible for the charities I support to raise funds.”