Over a thousand participants showed up at Ocean Beach today to be part of the human banner spelling out "Tax the 1%," which had a better ring to it than the initial plans to spell out "Tax the Rich". The banner was created to show support of the “Buffett Rule,” in which Obama is proposing that those who earn $1 million a year or more should pay at least the same percentage of their income and investments as middle-class Americans.
As The Wall Street Journal reports, 68% of millionaires with investments of $1 million or more support the plan. Republicans in Congress have blocked the initiative, even though, as the Daily Kos found in a recent poll of 1,000 registered voters from both parties, 66% of Republican voters back the proposal, including 52% of tea partiers.