Warren Buffet is the latest high-profile billionaire to propose that the super-rich pay more of their fair share. .. In a New York Times column this week, Buffett wrote that he and his billionaire buddies can afford to pay higher taxes, and that most wouldn't mind doing so, "particularly when so many of their fellow citizens are truly suffering."
http://www.kansascity.com/2011/08/19/3086448/commentary-warren-buffett-sparks.html#ixzz1VbGXBCY5 or Networks Embrace Buffett's Call for Higher Taxes on 'Mega-Rich,' - WSJ.com
He is not the only one. Berge, from YSO agrees.Wealthy Former Yves Saint Laurent CEO Wants To Raise Taxes On The Wealthy | Mediaite Berge set tongues wagging today when he told the financial newspaper La Tribune that he believes the people who make the most money should pay the most taxes — he even went so far as to say he finds it “immoral” that rich people pay a smaller percentage of their income in taxes.
In WA State, Bill Gates Sr. (father of Microsoft founder) proposed increased taxes for the rich.Bill Gates Sr. Leads Charge To Tax The Wealthy In Washington State
Wingnut enemy George Soros pointed out that cutting taxes for the wealthy actually does not help them, as it damages the overall economy. Extending Bush Tax Cuts Hurts Wealthy: Soros - CNBC
Here are more billionaires, such as Bill Gates Jr. and Mark Zuckerberg, who WANT to pay more taxes: Mark Zuckerberg, Bill Gates, Warren Buffett: Billionaires Who Favor Tax Hikes - The Daily Beast (photo at right) .. more here .. Billionaires/Millionaires Willing to Pay More Taxes - The Daily Beast Even Donald Trump is willing to pay higher taxes. Donald Trump: I'd be willing to pay higher taxes - Political Hotsheet - CBS News or Donald Trump: Let's Tax the Rich to Pay the National Debt | Crooks and Liars .. Patriotic Millionaires For Fiscal Strength .. Some Millionaires Want to Pay More Tax - Forbes
The Koch Brothers,like many greedy billionaires do not agree. (They spearheaded the anti- taxation Tea Party movement in the US.) “Much of what the government spends money on does more harm than good; this is particularly true over the past several years with the massive uncontrolled increase in government spending. I believe my business and non-profit investments are much more beneficial to societal well-being than sending more money to Washington. — Charles G. Koch, Chairman and CEO, Koch Industries, Inc. Koch Responds to Buffett’s Call for Tax Hikes - By Daniel Foster - The Corner - National Review Online
Many millionaires and billionaires use loopholes and unfair rates to skip out of taxes.
The wingnut talking point is generally, "If these idiots want to pay more taxes, let them do it." In this case, they are taking the morally wrong stand. For another take: Taxing the Rich | Mother Jones .. and a high number of Americans favor taxing the rich (see Americans Divided on Taxing the Rich to Redistribute Wealth), including 47% overall and 71% of Democrats.
Comments