By Bill Maher
I know it's hard to jump up and down in excitement over the "fiscal cliff" deal, but something that seemed almost impossible a couple years ago is now a fact: the tax code is more progressive than it's been in over 30 years. The top 1% will now pay a federal income tax rate just of just over 36%, which is still low by historical standards, but up from the 28% they were paying when Obama took office.
Add that to the fact that Obamacare is essentially a program that taxes millionaires (who will pay, on average, an extra $168,000 this year because of it) to provide more health care for the poor and middle class.
These are pretty remarkable achievements for a president in a political system where the deck seems entirely stacked to favor the rich. It makes you wonder how much further he could go if the group these gains should please the most -- the Occupy Movement -- worked as hard to elect liberal Democrats to Congress as the Tea Party does to elect conservative Republicans.