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by BAR editor and senior columnist Margaret Kimberley
If the Occupation Wall Street is to be truly independent of both banker-funded political parties, they will have to include the Democrats in their denunciations. There has been precious little direct criticism of the “other” pro-Wall Street party at Liberty/Zuccotti Park. “Words like breaking up the concentration of wealth and power will be meaningless without a more pointed critique of the political system, a critique which should be no respecter of persons or party.”
by BAR editor and senior columnist Margaret Kimberley
“The only way to protest income inequality or bailouts of the financial services industry is to protest against the people in power, even when they happen to be Democrats.”
In 2009, the New York state legislature imposed a tax surcharge on residents earning
$1 million or more per year. This “millionaire’s tax” was passed with the proviso that it expire on December 31, 2011. When Democrats in the state capital proposed extending this tax on the rich, Democratic governor Andrew Cuomo said no, and the surcharge was history.
The Occupy Wall Street protesters held a march, dubbed the millionaire’s march, to demand that the rich pay their fair share of taxes. They marched past the New York City homes of billionaire David Koch, News Corporation CEO Rupert Murdoch, and Jamie Dimon, CEO of J.P. Morgan Chase. For some strange reason, they did not march past the offices of the Democratic governor.