Posted on 11/19/2010 12:50:30 PM PST by chickadee
Anti-tax activists everywhere have been loudly arguing for an extension of George W. Bush-era tax cuts for the wealthiest Americans in the United States. Now a group of millionaires is arguing the opposite.
More than 40 of the nation's millionaires have joined Patriotic Millionaires for Fiscal Strength to ask President Obama to discontinue the tax breaks established for them during the Bush administration, as Salon reports.
"For the fiscal health of our nation and the well-being of our fellow citizens, we ask that you allow tax cuts on incomes over $1,000,000 to expire at the end of this year as scheduled," their website states. "We make this request as loyal citizens who now or in the past earned an income of $1,000,000 per year or more."
(Excerpt) Read more at news.yahoo.com ...
Please! Any time they want to pay more taxes they are welcome to it...they don’t have to wait for the Bush tax cuts to expire.
There’s nothing preventing them from giving their fortunes to government or doling it out to the poor.
If I was interested in the physical health on this person below would I:
a) Feed him more?
b) Reduce his food intake?
Hey millionaires. You want to give more of your money to a disfunctional government? No one is topping you. Get out the check book and have at it. You can write as big a check as you want. But STFU about tax hikes. Got it?
Chuckie Schumer proposed raising the $250k limit to $1 million so it is possible. There is also nothing at all stopping these millionaires from figuring out how much they would pay without the cuts and writing a check to the IRS for the difference. For that reason alone it sounds more like a PR stunt than anything serious.
United States Treasury's site for making donations to help reduce the public debt
and then they can leave me alone.
I wonder? Are overpayments to the Federals considered donations? And are they deductable?
This is typical of liberals.
Why do you want national health care?
“To help people who need it”
Have you personally ever helped anyone with their medical bills or insurance premiums?
“No, but that’s not the point”
So you favor forcing other people to do what you won’t do voluntarily?
Just have the millionaires cut a check and send it to...
Gifts to the United States
U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782
These aholes are free to decide whatever additional rate they would like to pay and send in the money. Nobody is preventing them from doing that. They just want to take other peoples money.
Yaaah...I think we know where most modern day American millionaires cash comes from at this point...prolly thru Congress via the IRS guns at the heads of We the People.
I bet all they'd shut the hell up if and fight tooth and nail if this was done.
Which do you want to bet it is?
The dirty secret is that the wealthy often don't earn income. They live off existing wealth, and borrow from unrealized gains on investments. They think they have covered all their bases, with their tax strategies, trusts and shelters. What they don't realize is that Obama and his crowd will be going after assets once they can no longer squeeze enough from income taxes. When that happens, I won't mind if these traitors to America lose their wealth; I will fight to the death to protect the rights of real Americans, though.
TAX THE WEALTH OF THOSE WITH MORE THAN 10 MILLION IN ASSETS.
TAX BILLIONAIRES AT A 80% rate! Let’s see how they like it when it really hits them hard!
LLS
Just follow the breadcrumbs back to the collective:
http://www.fiscalstrength.com/
http://agendaproject.org/about.html
Commies suck.
It’s just lip service as they really believe that it wont happen or if it does they’re already tax sheltered from the effects of it. They important part is that they seem to the sheeple like they care. So what if the millionaires who don’t sign on want to use the money the government wants to take to buy things or expand their business thereby hiring more people.
Are the Gates on the list? Gates Sr. was trying to get that passed in Washington State. Funny thing about that is their foundations (where they put most of their money) don’t pay taxes. I wonder if this is another bait and switch.
snippet..
“3) The Gates Foundation is a tax shelter. The Gates Foundation does great work of which you and your family can be justifiably proud. But there is one thing the Gates Foundation doesnt do: pay taxes.
You and your son have both been outspoken proponents of federal estate taxation. However, the resources you and he contribute to the Gates Foundation avoid such taxation. Moreover, the foundation, as a tax-exempt entity, pays no federal income tax.”
http://www.economicpolicyjournal.com/2010/11/open-letter-on-taxes-to-bill-gates-sr.html
Millionaire tax on the ballot
http://money.cnn.com/2010/11/02/news/economy/state_taxes_washington/index.htm
By all means, immediately pass a bill providing that these 40 people pay a much higher tax rate. 80% sounds about right. After all, its good for the country right?
I bet that everyone of these 40 pays an accountant to ensure that they pay the lowest tax possible each year.
Oh, what a bunch of liars. They can donate as money as they want to the government, but they don't. What they really want is taxes on everyone else, knowing they will be able to shelter/dodge taxes.
I’d look into how these people became millionaires...
These millionaires are fully capable of paying any amount of extra taxes now. What they are demanding is for taxes to be raised on OTHER PEOPLE!
Wonder which of Obama’s idiots came up with this?
You are not the only one to note these “millionaires”, who claim to want to pay more, (ha ha ha) are not just going ahead and doing so. They seem to want the money taken by force (IRS), not given to the treasury voluntarily AND they want to be sure that others, similarly situated, have their $$$ taken by force as well.
And, you all seem to be right - this little dodge is political. And, many of them don’t have incomes of $1M per year. Taxing them on their wealth would be a much better idea. Let’s ask them how they feel about that:)
It’s misdirection bordering on fraud. These yahoo democrat supporters are certainly shilling for der Fuehrer. They don’t care if the taxes are raised on “millionaires” because they know that their special little tax dodges, shelters and loopholes that only the really rich can take advantage of will still be there. They may make $100 mil but they also shelter enough of their assets to keep the taxes at a level far below that.
Soros, Buffet, Gates and Jobs you;re free to make donations for the treasury ANYTIME you want. I believe you even have the resources and political clout to see how your donation is spent. Something the little people can’t do.
These moonbat millionaires are free to write an extra check to the US Treasury any time they like.
Fine with me to raise taxes for those making over 1mil a year. They’re mostly Dems anyway.
Citizens who wish to make a general donation to the U.S. government may send contributions to a specific account called “Gifts to the United States.” This account was established in 1843 to accept gifts, such as bequests, from individuals wishing to express their patriotism to the United States. Money deposited into this account is for general use by the federal government and can be available for budget needs. These contributions are considered an unconditional gift to the government. Financial gifts can be made by check or money order payable to the United States Treasury and mailed to the address below.
Gifts to the United States
U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782
Gee, I wonder what percentage of these 40 voted for Hussein??!!
Huckabee once had a very good idea. In Arkansas, he created a Tax Me More Fund. Republicans should propose the same idea on the Federal level. On all federal tax returns, individuals would have the option to pay any additional amount they’d like. Hell, they can even create a higher tax bracket for themselves and just send in the additional cash. These millionaires could contribute all the extra money they want, and once a week the IRS could even publish the list of all new donors and how much they put towards the deficit.
If Democrats feel they should be paying more, well, this would be a very easy way for them to do it - and they’d even get their name published so they can win approval from their fellow leftists.
Of course these liberals won’t actually contribute anything extra. When a liberal talks about higher taxes, they mean for other people. It’s always the other schmucks that should pay, not them. Still, the Tax Me More Fund is a good idea. Republicans could always point to that fund on each tax return and say “if half the country wants higher taxes, they are welcome to get started right now”.
What I like is that they claim to be “patriots”. Would a patriot need the IRS to tell them to donate more of their income if the patriot truly believed it was the right thing to do?
Somehow, these self-styled “patriots” don’t feel comfortable just donating their income freely and voluntarily - they want to be sure that everyone else so situated be compelled by the IRS to do so as well.
RE: “Please! Any time they want to pay more taxes they are welcome to it...they dont have to wait for the Bush tax cuts to expire.”
***********************
Exactly! On a much grander scale, this reminds me of the stunt an especially annoying ‘progressive’ neighbor pulled
recently concerning our gardener.
A group of us all have the same gardener who comes once a week — probably eight homes use his services on this street alone.
This gardener does not charge a lot and most customers have been with him for YEARS.
The ‘progressive’ told me and one other neighbor, a garden variety Dem, that she had instructed the gardener to ‘charge everyone MORE because he did not charge enough!’
Really? Imagine the gall of that! The Dem neighbor and I said “How can you speak for all of us?” “You don’t know everyone’s situation nor is it your business.” “If you want to pay more, put more in your check at the end of the month!” The ‘progressive,’ surprised, went slinking away.
Fortunately, the gardener has NOT increased his fees based on what this idiot said — he’s probably afraid half of us would drop him.
But I say all this just to show how the far left thinks — they will decide for everyone what is best — never mind finding out how others feel about matters. It’s all about THEM, always.
As for me, I have to live next door to this fool, so enjoy playing my radio, loud, when Limbaugh, Levin et al are on — I know she can hear it as she is always on her driveway noisily tossing junk into her bins.
I also have the flag flying every day and Don’t Tread on Me sticker on the car — she has to see it every time she walks out the door. LOL
She has been totally quiet since the election, even though all the idiots in CA were re-elected, as usual. Obviously that was not good enough and she is stewing about the national losses. She had a huge party when Obama won — all her leftist friends present, yelling and carrying on for hours. Yecchhh.
Ah yes, kick the ladder down now that you’ve made it to the top.
I never understand these people. The first time I ever heard this was Larry King on a late night radio talk show. We all should be taxed more. Okay, fine, if you want to be taxed even more, write a check. You can write a check for more than you owe. The IRS will be happy. Why does every one elses taxes have to go up to satisfy you?
Mostly the people that call for higher taxes are rich enough that they won’t miss the money and make most of their money from capital gains that are in tax sheltered funds.
This is how you know it is a liberal/leftist ploy - they believe in mandatory everything. Voluntary doesn’t suit their agenda.
Nobody's stopping these a$$h*les from writing extremely large checks to the IRS.
I have only heard of one person who chose to send the IRS many millions more than was required, Elvis Presley. That was a long time ago.
Warren Buffett is a lot richer than Elvis ever was. Whenever I hear him speak out in favor of "taxing the rich", I wonder how many multi-billion dollar checks he has chosen to send the IRS.
If they are soooooo generous, why don’t they just add an extra $250,000 to their tax return every year until they die! That’s only fair and let everyone else along.
Well, these rich moonbats got theirs....how about leaving the rest of us alone so we can get OURS?
Also, these wealthy libs can write out a check to the U.S. treasury anytime they want to if they wish to pay additional money to the government. They don’t need an act of Congress.
Instead of supporting the legalized theft from their peers, if they were true to the so-called principles they want everyone to believe they have, they would simply step up to the “patriotic plate” and freely donate a large chunk of their own assets to the political class institutional apparatus - government - they think so highly of.
The bozo millionaires can just give more than their return says. Like the Pharisees. Brag on, who cares. In fact the big buck guys can send the cash to me if they want to help the economy.
Wealth = Net Worth .........Income = Net Work! Why don’t we tax the “rich” as defined by net worth 1% over $3 Million?
These selfish scumbags are free to write whatever checks to the government treasury they want. But to push for their neighbors and perfect strangers to have money confiscated from them against their will is about as rude as it gets.
I’d like to see the list of names of these 40 rude pieces of sh!t.
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