Avacado, I think the belief is that the Democrats will raise taxes above and beyond the expiring Bush cuts. The irony is, I’d be willing to bet that Obama and Company will use our own present criticism of the federal budget deficits to argue for a tax increase on, well, us. There are more facets than class to which this culture war is being waged against us. Class is among them, but also so is the nature of business conservatives tend to engage in, and also race.
I have to disagree. Most people believe the myth/lie that Bush only gave the rich tax cuts so they see the expiration of the 2003 tax cuts not affecting them. They do not realize the federal income tax rates were lowered for all income levels and will be raised for all income levels once those tax cut laws expire at the end of 2010.