Millionaires ask Congress to raise their taxes

Discussion in 'Politics' started by Chris, Nov 16, 2011.

  1. Chris
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    Chris Gold Member

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    WASHINGTON (CNNMoney) -- A group of two dozen millionaires stormed Capitol Hill on Wednesday, demanding lawmakers raise their taxes.

    "We want to pay more taxes," said California millionaire Doug Edwards, a former marketing director for Google (GOOG, Fortune 500). "If you're fortunate, and you make more than a million dollars a year, you ought to pay more taxes."

    They planned to push lawmakers to reject any deal that the so-called super committee delivers that doesn't raise taxes on millionaires. The 12-lawmaker panel has until next Wednesday to agree on $1.2 trillion in savings over the next 10 years or risk automatic spending cuts.

    "If the super committee bill doesn't raise our taxes, we will ask our fellow citizens to consider killing the bill," said Eric Schoenberg of Franklin Lakes, N.J., an adjunct professor of marketing at Columbia Business School.

    They planned to take their message to members of the super committee, Tea Party Republicans including Rep. Louie Gohmert of Texas and Rep. Tom Price of Georgia, and even anti-tax champion Grover Norquist.

    Millionaires ask Congress to raise their taxes - Nov. 16, 2011
     
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  2. Matthew
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    Matthew Blue dog all the way!

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    Good then congress should do what they wish and rise their texas through the roof.
     
  3. Zander
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    Zander Platinum Member

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    If they want to pay more taxes they can. Write the check, the Treasury will gladly cash it. Walk the walk or STFU.
     
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  4. Chris
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    Chris Gold Member

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    WASHINGTON, D.C.--The 400 highest-earning taxpayers in the U.S. reported a record $105 billion in total adjusted gross income in 2006, but they paid just $18 billion in tax, new Internal Revenue Service figures show. That works out to an average federal income tax bite of 17%--the lowest rate paid by the richest 400 during the 15-year period covered by the IRS statistics. The average federal tax bite on the top 400 was 30% in 1995 and 23% in 2002.

    Richest 400 Earn More, Pay Lower Tax Rate - Forbes.com
     
  5. whitehall
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    whitehall Gold Member

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    Where is Harry Reid? Apparently the republican part of the ironically named "super committee" agreed to raise taxes on the "millionares" in question but democrats refused to negotiate.
     
  6. Stephanie
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    Stephanie Diamond Member Supporting Member

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    How STUPID.

    I'd bet millions they were FAKE millionaires just like the FAKE doctors the Obama staged with him when he was pushing his ObamaCare..

    When they DONATE all their millions to the Federal Guberment, then I'll take them SERIOUS...till then...I'm going to laugh my ass off..:lol::lol::lol:
     
  7. Chris
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    Chris Gold Member

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    Warren Buffett, one of the richest men in the country, wants to pay more taxes and thinks his super-rich friends should too.

    Buffett, who is estimated to be worth more than $47 billion, called on Congress to commit to "shared sacrifice" and raise taxes on people earning more than $1 million. Buffett said the rich are "coddled" by Congress "as if we were spotted owls or some other endangered species."

    "While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks," Buffett wrote in a Sunday New York Times Op-ed.

    Billionaire Warren Buffett Tells Congress To Raise Taxes On Wealthy - ABC News
     
  8. Oddball
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    Oddball BANNED Supporting Member

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    Q: What's stopping those assholes from donating what they believe to be their "fair share", over and above their tax liability?

    A: Nothing.

    Nothing to see here.
     
  9. Jackson
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    Jackson Gold Member Supporting Member

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    Would love to see a pic of the "storming" Capitol Hill! They can knock themselves out and write a check anytime they like. Just put on the memo...TO PAY DOWN THE US DEBT TO CHINA.

    Why haven't we heard that Buffet is giving a couple of billion yet?
     
  10. Oddball
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    Oddball BANNED Supporting Member

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    Let the dickweeds stuff some hefty bags with $100 bills and leave them on the doorstep of the U.S. Treasury.
     

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