Tax rich more, Patriotic Millionaires urge

[Kadie]

Tax rich more, Patriotic Millionaires urge
Joe Garofoli, Chronicle Staff Writer
Monday, October 3, 2011

Los Altos resident Doug Edwards asked President Obama something that many Americans would consider unthinkable: "Would you please raise my taxes?"

Edwards, 53, can afford it. Retired after being amply compensated for being employee No. 59 at Google, he's part of a Bay Area-birthed organization called Patriotic Millionaires for Fiscal Strength.

While Edwards' question and the 200-millionaire-member group he belongs to drew wide notice during Obama's Bay Area visit last week, they drive at one of the most contentious issues in Washington: Would raising taxes on the wealthiest Americans stall investment in the economy?

The Patriotic Millionaires contend that Americans with incomes over $1 million should shoulder a larger share of the tax burden to pay for Pell Grants, road improvements and training programs "that made it possible for me to get to where I am," as Edwards told Obama during the president's appearance last week at the Mountain View social networking company LinkedIn.

Polls say most respondents agree that rich folks should pony up, as the effective tax rates for the wealthiest Americans - what people actually pay after deductions and exemptions - are at their lowest levels since 1960. And the income gap between the wealthiest and poorest Americans is at its widest mark since the Great Depression.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/10/02/MN0R1LB1EG.DTL#ixzz1Zjfr2ieq

[Indydem]

1. I seriously do not understand these rich assholes.

So you want to be taxed more. Ok, you made a bunch of money, so now money is no longer a "thing" for you so you have too much.

The repukes say "then write a check" for the amount you want to pay in taxes, and everyone is happy.

Part of me agrees with that position, but the other half wonders why in the hell these assholes don't just give it away, since they have too much.

This dbag thinks the government should pay for "Pell Grants, road improvements and training programs." Road improvements are obviously a government only thing, so that's out, but if this guy is SO DAMN CONCERNED, why doesn't he start a foundation to give away grants to students, or develop a job training program on his own.

These rich assholes confuse the hell out of me.

[liberal N proud]

2. These people are a disgrace to their kind

Who wants to give away their money and not hoard more? What is wrong with some rich people today.


:sarcasm: