It’s Time To Raise Taxes On The Rich [CNN.com]
Stop calling big business the “job creators.” They have all the resources imaginable and they’re still not creating jobs. It’s time to put more money in the pockets of working Americans so they can spend it, create demand and finally kick-start the economy.”
http://bit.ly/pEETYc
4 Responses to It’s Time To Raise Taxes On The Rich [CNN.com]
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I would venture to guess by your article that you have no background in business or corporations. You might want to do some research on how corporate America actually works before writing another such article.
Are you a tax free non profit? Living off the taxpayer?
For every boat in that picture requires about 1400 workers. Less boats mean less jobs.
You must have learned the bait and switch from the President. You talk about the Top 1%, but then reference the average tax rate of the super rich, which refers to the Top 400 taxpayers (the Top 0.0002%). The Top 1% reflects 1.4 million taxpayers. Their average effective federal tax rate is 30% and they pay 28% of the total U.S. tax bill. Those in the highest income quintile (Top 20%) pay 69% of all federal taxes. Time to tax the rich? Take the time to look at IRS tax tables — they are already being taxed. You talk about yachts and luxury villas and the President talks about private jets. Then he suggests raising taxes on individuals making more than $200,000. If you figure out how make $200,000 and fly in your private jet to your luxury villa with its yacht outside, please enlighten me.