Quote of the Day: Going Galt at Fox News

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From Bill O’Reilly, groaning under the weight of President Obama’s proposed tax on millionaires:

If you tax achievement, some of the achievers are going to pack it in. Let’s take me. My corporations employ scores of people. They depend on me to do what I do so they can make a nice salary. If Barack Obama begins taxing me more than 50 percent, which is very possible, I don’t know how much longer I’m going to do this. I like my job but there comes a point when taxation become oppressive.

Normally, I probably wouldn’t support a top marginal rate of 51%. But I have to say, this gives me pause. Maybe it would be worth it, after all. Ed Schultz promises to have some fun with this tomorrow night.

UPDATE: Oops, sorry. Ed’s doing it tonight. As in, right this second as I’m typing this.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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