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True or False. In the Daily Show video segment World of Class Warfare, Jon Stewart explores commentators reaction to then President Barack Obama's plan to
True or False. In the Daily Show video segment "World of Class Warfare," Jon Stewart explores commentators reaction to then President Barack Obama's plan to return the top marginal tax rates for the wealthiest Americans (top 2% - made up of billionaires and millionaires) to 1990s boom time levels and would raise $700 billion over 10 years. Meanwhile he explains how the bottom 50% of Americans own approximately 2.5% ($1.45 trillion) of the country's wealth and despite paying various excise, payroll, and medicare taxes, they do not regularly pay income tax. However, if you took half of everything they own, you could collect $700 billion and you wouldn't need to increase the taxes on the extremely wealthy. Question 7 options: True False
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