‘Fairness’: Labor Sec Says ‘Millionaires & Billionaires‘ Have an ’Obligation’ ...

Many millionaires and billionaires do feel they have an obligation to the world around them. That's why there are so many charitable foundations they support.

Paying more taxes only supports the government.

If you are sick, would you rather go to City of Hope, or the local governent hospital? If your chid has cancer would you take the kid to St. Jude Children's hospital or the county?
 
Many millionaires and billionaires do feel they have an obligation to the world around them. That's why there are so many charitable foundations they support.

Paying more taxes only supports the government.

If you are sick, would you rather go to City of Hope, or the local governent hospital? If your chid has cancer would you take the kid to St. Jude Children's hospital or the county?

Exactly. Government...the same that thinks all wealth belongs to government.

Government has chosen to become philanthropists...when there isn't an utterence in the Constitution that allows it.

The goal of the Statist is to wipe out the private sector...and thus the call from the labor Secratary for these people to 'pony up'.
 
‘Fairness’: Labor Sec Says ‘Millionaires & Billionaires‘ Have an ’Obligation’ To Pay More Taxes

For what purpose? To pay for more folly from the President and Congress for completion of the road to Socialism/ Serfdom they have put us on?

They have to understand that it isn't thier money to begin with.

Your link make Lenin smile.

coodex_33.jpg
 
‘Fairness’: Labor Sec Says ‘Millionaires & Billionaires‘ Have an ’Obligation’ To Pay More Taxes

For what purpose? To pay for more folly from the President and Congress for completion of the road to Socialism/ Serfdom they have put us on?

They have to understand that it isn't thier money to begin with.

Your link make Lenin smile.

coodex_33.jpg

No kidding. And he would buy a round of borscht and caviar for all in the politburo! HIS treat!
 
This person and a few others in this administration is who Allen West was talking about
 
It’s about fairness... It’s about fairness in the workplace; it’s about fairness in education; and it’s about fairness in terms of what services are provided by government... the dream that all of us have aspired to be a part of...

people aren’t paying their taxes, those that can afford it, the billionaires and millionaires...

She touted Labor Department programs that help veterans, minority women, and the long-term unemployed while criticizing Republicans for wanting to reduce the safety net...

can we succeed as a country where a shrinking number of people do increasingly well while a growing number struggle to get by? Or are we better off when everyone gets a fair shot and everyone does their fair share and everyone plays by the same rules?

...

We’re better off when everyone gets a fair shot...
prima facie, "Blue-Collar" groups (e.g. veterans, minorities, women, unemployed) want Government Force, to take taxes, from "White-Collar" groups (e.g. millionaires & billionaires), to pay for "Blue-Collar social safety-nets" (e.g. education, health-care, welfare); employing Government Force, to take their money, is perceived as "fair" (cp. Robin Hood ?)

how is "everybody playing by the same rules", when some are taxed ("White-Collar" millionaires), whilst others are paid ("Blue-Collar" workers) ?

how is that "fair sharing" -- "hey, if you get that Dollar bill; then i get it too" ? I.e. "fair sharing" amounts to "time-shares on all Money", i.e. "you get that Dollar bill, on M/W/F; then i get it, on Tu/Th/Sa/Su" ?

prima facie, the "dream" towards which "Leftists" have Aspired, is a "dream of 'Ends'" (easy utopian lifestyle); utterly un-caring about "the 'Means'" (tax whoever has the money), apparently "Justified" by the utopian "Ends"

" 'the Ends Justifies the Means' is the Means, to Justify both those Means, and their (actual) Ends "
 
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Many millionaires and billionaires do feel they have an obligation to the world around them. That's why there are so many charitable foundations they support.

Paying more taxes only supports the government.

If you are sick, would you rather go to City of Hope, or the local governent hospital? If your chid has cancer would you take the kid to St. Jude Children's hospital or the county?

Let's not forget the Shriners Hospital for Children.
 
can anything be "fair", if only "one side" says so ?

does not "fair" require bi-lateral assent ("takes two to tango (otherwise 'tis abduction)") ?
 
Granny says, "You tell `em Uncle Joe...
:clap2:
‘Nothing Has Been Asked’ of Millionaires ‘In This Horrendous Recession’
July 3, 2012 – “Millionaires are just as patriotic as poor people” Vice President Joe Biden told members of the National Education Association in Washington on Tuesday.
“The very wealthy are just as noble and patriotic as the middle class. But nothing has been asked of them in this horrendous recession. And it’s time to just act.”

Biden, echoing his boss, said those who make a million dollars or more should pay more taxes, especially during a recession.

In his State of the Union address in January, Obama urged Congress to embrace a tax plan named after billionaire Warren Buffett:

“If you make more than a million dollars a year, you should not pay less than 30 percent in taxes,” the president said. “In fact, if you’re earning a million dollars a year, you shouldn’t get special tax subsidies or deductions. On the other hand, if you make under $250,000 a year -- like 98 percent of American families -- your taxes shouldn’t go up.”

Source
 
Granny a 'pension millionaire' - already got over a million dollars in pension an' survivor benefits...
:eusa_eh:
Ranks of Millionaires Still Soaring by 2017, Study Says
10/16/12 - -- You can't swing a crooked congressman this election season without hitting a reference to the "middle class."
That's not to blame politicians, nor a sideways slap at the middle class -- that's where the votes are, and that's where any potential turnaround lies if the U.S. economy is ever to fully regain its mojo. But another U.S. economic demographic is quietly gaining strength: the "millionaire" club, one set to add a slew of members by 2017. The data come from the global financial services firm Credit Suisse, which estimates the U.S. will have accumulated 16.9 millionaires by 2017, a 53% uptick from the 11 million Americans walking around with total assets of $1 million. How is America producing so many millionaires?

Credit Suisse (CS) tries to answer that and a few other questions on the topic of worldwide consumer asset accumulation, in its Global Wealth Report 2012. The short answer is that economic prospects in the U.S. are projected to be stronger than elsewhere across the globe, especially the battered Eurozone. While Europe should add to its roster of millionaires, it will do so at a much slower pace than in the U.S. A slightly different pattern is expected to play out in emerging economies such as Brazil, Russia, India, and China (the so-called "BRIC" countries), where growth in millionaires will at least match the U.S. rate, according to the Credit Suisse report, but end with significantly fewer of them in sheer numbers.

China, for example, will see a higher rate of growth than the U.S. in terms of fresh millionaires in the next five years, but its total amount will barely crest 2 million by 2017 -- light years behind the number of millionaires in the U.S. The news isn't so bullish among the rest of the global economic class, which has seen a decline in total household wealth of 5.2% from last year, according to the study. Once again, Credit Suisse points the icy finger of guilt at Europe, which accounts for the lion's share of decline, with Asia coming in second. Additionally, the U.S. economy seems to be spared a big decline in household wealth. The study points to "the relative stability of the U.S. economy" as a big reason the financial hit households in Bangladesh and Barcelona are taking won't be repeated in Boca Raton or Bakersfield.

While that's generally good news for the financially affluent here in the U.S. or across the globe, it may not translate into big gains for the middle class, a point Credit Suisse makes in its report. "There's no question that the economic uncertainties of the past year -- particularly those affecting the Eurozone -- have cast a huge shadow over household wealth," say lead researchers Michael O'Sullivan and Richard Kersley in the study. "Our research confirms that economic recession in many countries combined with widespread equity price reductions and subdued housing markets have produced the worst environment for wealth creation since the financial crisis." That's a downbeat takeaway for the global middle class, who can expect to continue to slog along on the personal financial front. But for more affluent consumers, especially here in the U.S., the gravy train just keeps on rolling.

Source
 
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