More from the "bogus 'war on the wealthy' storyline."

Excuse the excessive borrowing, but this budget is too important... If you care about reality and stuff. Again, from Media Matters:

The media's tax fraud

by Jamison Foser

Last week, President Obama unveiled a budget outline that extends the Bush tax cuts for all but the top two percent of taxpayers and makes permanent a tax credit of up to $800 for low- and middle-income workers that was included in the recent stimulus package, among other tax cuts.

On the other hand, individual taxpayers with taxable income above $200,000 ($250,000 for families) per year would pay more in taxes under Obama's plan, under which the tax rates paid on income in the top brackets would revert to their levels under President Clinton in the 1990s -- from 33 and 35 percent to 36 and 39.6 percent. Slate.com's Daniel Gross estimates that for someone with $350,000 in income, this will amount to about $1,500 a year in increased taxes...

If the expiration, on schedule, of tax cuts that were always scheduled to expire is described as a policy of raising taxes, that makes a mockery of the entire tax policy debate of the past decade. It rigs tax debates in favor of Republicans, who find it easier to argue for tax cuts for the wealthy if they can argue that the cuts won't cost very much -- by making them "temporary" -- but who then get to argue that the scheduled expiration that they included in order to make the cuts look affordable would constitute a tax increase. The GOP gets to have it both ways, describing tax cuts as temporary when it helps them, and pretending they were intended to be permanent when it helps them. It's no great surprise Republicans want to have it both ways -- but that doesn't mean the media should go along.

The actual change the Obama proposal makes to the Bush tax rates is making permanent the cuts for those who make less than $200,000. The proposal doesn't actually increase income tax rates for anyone compared to current law, and it reduces them for the vast majority of taxpayers. Yet the "increase" -- mandated by a law signed by President Bush, and scheduled to occur for nearly a decade -- has gotten all the attention, while the cuts have largely escaped notice from the major media...

You have to wonder how media stars like Blitzer and Gibson have lost touch with their viewers so badly that they think $200,000 incomes are typical.

Charlie Gibson reportedly makes $8 million a year and is paid less than his counterparts at CBS and NBC.

Might that have something to do with his lack of perspective? How could it not?

How could it not, indeed.