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Notice something odd about the conservative excuses for opposing the Buffett Rule?

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Today the Western world is divided between two visions of our economic future. One vision is of austerity and the other is of growth. One is of hope and possibility, the other of despair and cynicism. The battle between these two visions has divided the United States and the entire Western world.

And both of them can be found in in President Obama latest budget.

It's almost as if the President decided that if the Republicans can't provide him with a challenger worthy of this debate, he'll conduct it with himself.

Double Vision

In one vision, the excesses and errors of the 1 percent have left the Western world too broke to fulfill its social contract with anyone but the wealthiest among us. Middle class and lower-income citizens must be abandoned to face a future of ever-dwindling resources. Government's only permissible spending is on wasteful military systems that enrich wealthy contractors and their corporations.

In the other vision, government retains its role as an engine of growth and change. It's wise enough to invest in long-term expansion before pivoting to address its deficit problems. It manages its budget, not "like a family," but like a business - one that understands that well-timed investment is the key to continued growth and prosperity, In today's world, that means investing in jobs, research, education, health, and infrastructure.

The President's budget won't pass, of course. The Republicans have made it clear that they would rather reject anything he proposes.At least the President's learning to fail more effectively than he's done in the past. He's finally starting to draw the clear distinction between growth and greed that the left's been advising him to make all along.

But he's still repeating the failed deficit logic of the past, too. Both of these approaches can be found in his budget. Which President will win the day?

A long time ago, in an historical America, lawmakers determined a progressive tax code to be the fairest and most logical for all.

The legislators asked more of those who had benefitted most from the advantages America provides. They asked less of those who benefitted least.

It is no surprise that the 2013 federal budget proposal that President Obama released today is deemed "dead on arrival" in Congress. Most White House budget proposals are.

The following was originally published at Politico

President Obama has proposed a specific new minimum tax rate for millionaires. Should America's rich feel angry or relieved? We check the IRS tax data archives for an answer.

Can democracy, one top political scientist asked last week, 'function effectively in a society marked by vast economic inequality'? The fate of the modest new White House bid to tax our rich may tell the tale.

Leo Hindery, Jr. will be a featured speaker at Take Back the American Dream, convening from Oct. 3 to 5. Click here to register.

Later this week on the floor of the House of Representatives, several federal budget proposals embodying different approaches to our country's economic challenges will compete for attention.

You know the KISS rule: "Keep It Simple, Stupid."

When it comes to taxing wealth vs. taxing work, what's become known as the "Buffett Rule" is an elegant example of the KISS principle at work. Income is income. It should be taxed at the same rate, whether you've earned it by trading stocks or by being the janitor at the stock-trading office.