Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Tax Me, I'm Rich, Says Deep-Pocketed Group of Millionaires Demanding Higher Taxes
http://abcnews.go.com/Business/tax-rich-patriotic-millionares-speak/story?id=13355208 ^

Posted on 04/14/2011 9:57:32 AM PDT by cycle of discernment

(SUCH MANIPULATION!..ANYBODY THAT WANTS TO, CAN PAY AS MUCH TAX AS THEY WANT TO THE GOVERNMENT....this is mindgame propaganda and I especially love the strategic "criticism" of Obama....contrived! how transparent can you be!)

abcnews.com By ALAN FARNHAM April 12, 2011

Patriotic Millionaires for Fiscal Strength--rich guys in favor of raising taxes on themselves and other wealthy people--say they are irritated over President Obama's failure to do just that.

Nor do they believe his latest announcement that he intends to try again, says Erica Payne, founder of the Agenda project and coordinator of the Patriotic Millionaires campaign.

The president, when a candidate in 2008, had recommended ending the Bush tax cuts for households earning over $250,000 a year. But he conceded that point when he signed into law in 2010 an agreement with Republicans to extend the Bush tax cuts two more years.

It's that concession that has disappointed and rankled Patriotic Millionaires, curdling their feelings. "The administration cut the deal they felt they needed to cut," shrugs Payne. "But we disagreed wholeheartedly. The president's quick and easy capitulation on an issue with such solid moral elements was disheartening."

One of Obama's primary jobs, she says, is to be chief educator.

"He did not do a good job on this issue or on the one we are currently facing. There's a moral lens through which you have to view these choices."

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Politics/Elections
KEYWORDS: millionaires; rich; tax; taxes
Navigation: use the links below to view more comments.
first previous 1-2021-4041-44 last
To: cycle of discernment

Of course these “millionaires” say they want to be taxed more. It’s no different than the unions that fought so hard for Obamacare. What happened? Many of the unions got waivers out of Obamacare, thus giving them an unfair advantage vs. the non union shops that have to abide by the law.

IIRC, Jeffrey Immelt has argued for higher taxes & yet his company, G.E. pays very little, if anything in taxes. I would be willing to bet that Immelt himself pays little in comparison on his personal taxes.

The point? These “millionaires”, while arguing for higher taxes, I’m sure have been assured “loopholes” will be their reward for their efforts, just as w/ the unions, etc. w/ Obamacare. These liberals are soooo hypocritical & frankly transparent w/ a little research. Remember Teddy Kennedy, who while fighting ardently for windmills, wouldn’t allow them in his area?

Millionaires, it’s time to put up or shut up. Set the example. Voluntarily pay extra without anything in return. Otherwise we’ll have no choice, historically speaking, but to wonder what you’re receiving on the back side. You virtually always do.


41 posted on 04/14/2011 1:11:30 PM PDT by Confab
[ Post Reply | Private Reply | To 1 | View Replies]

To: cycle of discernment

Then plubs, botox, and 0 ought to lead by example and donate $5 mil each, also all those other RICH dems in congress.


42 posted on 04/14/2011 1:24:23 PM PDT by GailA (2012 rally cry DEMOCRATS and RINOS are BAD for the USA!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All; cycle of discernment

The United States Treasure accepts donations.


43 posted on 04/14/2011 4:08:07 PM PDT by newzjunkey (2009: Obama promised to cut Bush deficits in half. 2011: He's tripled them.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: cycle of discernment

There’s NO LAW saying you CAN’T pay more!!! Please do — just keep us middle class business owners out of your STUPID IDEAS!!


44 posted on 04/14/2011 8:33:35 PM PDT by ExCTCitizen (Sorry..tagline will be on soon!!)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-44 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson