Although a proposed tax rate increase for top-level earners would reduce America's budget deficit by about $700 billion over 10 years, right-wing pundits on Fox News and elsewhere have decried it as "class warfare" that would only put a small dent in the national debt.

The conservatives' plan? Lots of spending cuts on social programs. Oh, and new taxes on the poor! Both of these ideas are stupid, of course. But as Jon Stewart articulated on tonight's Daily Show, they're also pretty damn dangerous. A clip from Stewart's show is above.