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Millionaires: Raise Our Taxes To Address Poverty, Fix Roads (go.com)

Posted by BeauHD on from the benefit-the-greater-good dept.

jones_supa writes from an article on ABCNews: More than 40 millionaires, including members of the Rockefeller and Disney families, are asking to have their taxes raised to help address poverty and rebuild failing infrastructure. The millionaires wrote a letter to Democratic Gov. Andrew Cuomo and top New York lawmakers proposing new, higher tax rates for the top 1% of earners in the state. The letter says that additional revenue would help addressing child poverty, homelessness and aging bridges, tunnels, water pipes and roads. "As New Yorkers who have contributed to and benefited from the economic vibrancy of our state, we have both the ability and the responsibility to pay our fair share," the letter states. "We can well afford to pay our current taxes, and we can afford to pay even more." The tax plan, known as the one-percent tax plan, was worked out in conjunction with the Fiscal Policy Institute, a left-leaning economic think tank.

3 of 644 comments (clear)

  1. translation by Anonymous Coward · · Score: 4, Funny

    Translation: "Please, we're sorry we were so stingy! Raise our taxes a little before the people vote in somebody who will raise them to where they should be!"

    Captcha: unrest

  2. Uh? by TheDarkMaster · · Score: 3, Funny

    Uhh... Checking.

    - Abril Fool's Day? No, too soon;

    - Apocalipse? (go to the window, checks the telescope) No, no asteroids coming;

    - Hell frozen? (as my nickname implies I can check this possibility)... DAMMIT, Hell has frozen.

    --
    Religion: The greatest weapon of mass destruction of all time
  3. Re:Warren Buffet dodges taxes by DRJlaw · · Score: 4, Funny

    For example Warren Buffet, while saying his taxes should be raised in political venues, in real life dodges taxes. He is dodging inheritance taxes by transferring money to the Gates foundation.

    We should put a stop to that. And to all charitable deductions from taxes. After all, every dollar that one thoughtlessly tithes to a church or donates to a 501(c)(3) is money that can't be passed on to heirs, and therefore is being greedily ripped away from the reach of the estate tax by the 83% of Americans that give to charity.

    You bastards!