Scenes from Obama's America

Tuesday, our country split apart along the dangerous fault lines of class, race, gender, age and faith, and we can already glimpse the consequences.  Tipping points and inflections can be seen: here are two personal observations from Wednesday. First for some context from Prop. 30 [which easily passed in California last night] will raise the sales tax by one penny for every $4 spent for four years, while increasing the income tax on the state's highest earners [over $250,000] for seven years. It would generate about $6 billion per year in new revenue. The sales tax hike will go into effect Jan. 1, while the personal income tax increase is retroactive to the beginning of this year. At the gym, a no-nonsense businesswoman's first words were quite telling.  "Darn it, Prop 30 passed, and now I have to cancel my bathroom remodel." Shannon told me she called her contractor early Wednesday morning and canceled a total of 177 hours of labor and over $5,000 worth of...(Read Full Post)