Millionaires to Obama: Tax us

[Anti Federalist]

If they feel so strongly about this, what's preventing them from cutting a check to Uncle Sucker?

Or, maybe even more revolutionary, cutting a check to a needy family?

Millionaires to Obama: Tax us

http://news.yahoo.com/s/yblog_theticket/20101119/ts_yblog_theticket/millionaires-to-obama-tax-us

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."

The group includes many big-time Democratic donors such as Gail Furman, trial lawyer Guy Saperstein and Ben Cohen of Ben & Jerry's ice cream (pictured). The list remains open to millionaires who want to sign on.

[FrankRep]

Pro-Tax Millionaires, donate as much as you would like to the Government and shut up.

[Toureg89]

^i was JUST gonna say that.

[Cowlesy]

40 of the literal millions of millionaires (yes, there are that many millionaires in the USA) want to be taxed.

Like Frank said, DONATE the money, fuckers!

[MyLibertyStuff]

WOW 40 WHOLE MILLIONAIRES?!

Is that all it takes to get on Yahoo News these days?

[The Notorious OMG]

Yahoo news page's top story the other day was: "Ryan Seacrest's Girlfriend Gushes." Just in case anyone wants to know how serious their news page is.

[wormyguy]

Ryan Seacrest isn't gay?!?

[Anti Federalist]

What's a Ryan Seacrest?

[Pauls' Revere]

Yahoo news page's top story the other day was: "Ryan Seacrest's Girlfriend Gushes." Just in case anyone wants to know how serious their news page is.

I'm scrubbing my mind so hard right now.

[awake]

Patriotic is the great newspeak term for completely bat shit insane. True patriots are usually go by the the description of potential domestic terrorists.

[Brian4Liberty]

What's a Ryan Seacrest?

He's an errand boy, sent by grocery clerks...

[roho76]

i'm scrubbing my mind so hard right now.

lolol!!!

[awake]

If you turn yourselves in , we will go easy on you. That's right, appease the gators.

[Anti Federalist]

He's an errand boy, sent by grocery clerks...

ROFLing :D

[Matt Collins]

SOURCE:
[/URL][URL]http://www.fms.treas.gov/faq/moretopics_gifts.html (http://www.fms.treas.gov/faq/moretopics_gifts.html)




Gifts to the United States Government
How do I make a contribution to the U.S. government?
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

If they think they need to be taxed more, why not just write the government a check voluntarily?

[reillym]

SOURCE:
[/URL][URL]http://www.fms.treas.gov/faq/moretopics_gifts.html (http://www.fms.treas.gov/faq/moretopics_gifts.html)




If they think they need to be taxed more, why not just write the government a check voluntarily?

Because many rich people are taxed at a lower rate than middle class Americans. That's wrong.

And giving rich a tax break != making jobs. We've had up to 90% tax rate on the upper levels, and we are still here. The rich keep getting richer and the poor, poorer. Giving the wealthy all those tax breaks clearly didn't reverse that trend.

[MyLibertyStuff]

SOURCE:
[/URL][URL]http://www.fms.treas.gov/faq/moretopics_gifts.html (http://www.fms.treas.gov/faq/moretopics_gifts.html)




If they think they need to be taxed more, why not just write the government a check voluntarily?

Hahahahahaha I want to meet every single person that donates to the US Govt. What entertaining people they must be

[AGRP]

Do they realize there's an option to donate to the government on their tax forms?

[MyLibertyStuff]

Do they realize there's an option to donate to the government on their tax forms?

No, they have all had lobotomies.

[amy31416]

Why don't these dumbasses fund some startup business that needs some capital?

[NYgs23]

Because many rich people are taxed at a lower rate than middle class Americans. That's wrong.

So cut taxes more on the middle classes. Don't hike them for the upper classes.


And giving rich a tax break != making jobs. We've had up to 90% tax rate on the upper levels, and we are still here. The rich keep getting richer and the poor, poorer. Giving the wealthy all those tax breaks clearly didn't reverse that trend.

This statistic is pretty misleading, given that there were a lot more deductions in those days, not to mention fewer business regulations. At any rate, how do you know we wouldn't all be poorer now if you still had a 90% tax rate?

All theft is immoral. You don't need more theft. You just need to slash government spending. I'd rather the rich people keep their money than for the state to get it and use it to expand its own power.

[mczerone]

Because many rich people are taxed at a lower rate than middle class Americans. That's wrong.

And giving rich a tax break != making jobs. We've had up to 90% tax rate on the upper levels, and we are still here. The rich keep getting richer and the poor, poorer. Giving the wealthy all those tax breaks clearly didn't reverse that trend.

Umm, sarcasm? Satire?


1st - there is a graduated income tax rate in the US. So as you earn more you pay more, generally. It is true that the richest of the rich get to hide wealth in non-capital-gains asset investments, this is only workable for the Warren Buffets of Bill Gates of the world.

2nd - there is a reason the 90% tax rate was dropped - there was a lack of investment in the productive sector, and the richest people started moving overseas. Do you want to promote a policy that drives the producers out of your area?

3rd - the poor do not keep getting poorer, and any negative trend is directly due to strict regulation not allowing the poor to start small businesses because they can't keep up with the tax code. Yes the disparity between rich and poor might be growing - but so what? This means the the rich have more disposable income to provide to those who have meaningless trinkets to sell or services to render. The law of diminishing marginal utility means the the richer one person gets, the easier it is to get money out of him.

Yes it is wrong that the poor are taxed. But it is also wrong that the rich are taxed. The only solution is to disband the tax-based services, and allow them to seek customers just like every other business. No Taxes, no class warfare.

[awake]

A Poor man surviving on bare subsistence looks at a middle class man and sees a rich man in comparison to him..Tax the Rich! A middle class man see the same thing in a upper middle class man...Tax the rich!

Those who scream to tax the rich never ever see the case for the man below his income level - only all those who have more than him. Envy and ignorance is a wonderful blindness in justifying theft.

[mconder]

40? That's all he could get? There are 6.7 households with a net worth over 1 million. People are moronic if they think this is meaningful.

[MyLibertyStuff]

40? That's all he could get? There are 6.7 households with a net worth over 1 million. People are moronic if they think this is meaningful.

fixed

[Brian4Liberty]

SOURCE:
[/URL][URL]http://www.fms.treas.gov/faq/moretopics_gifts.html (http://www.fms.treas.gov/faq/moretopics_gifts.html)

If they think they need to be taxed more, why not just write the government a check voluntarily?

Great idea! This seriously needs to be advertised. I posted in another thread about social security that people should be given the option to not receive (opt-out of) social security payments, medicare, prescription drugs benefits, etc.


Because many rich people are taxed at a lower rate than middle class Americans. That's wrong.


It's not "fair", that's for sure.


Hahahahahaha I want to meet every single person that donates to the US Govt.

Most of us? :( Oh yeah, it's not a donation if force is threatened.


Why don't these dumbasses fund some startup business that needs some capital?

Another great idea! This should be the same for most charity. Instead of sending cash to Haiti, why don't some of these ultra-rich (like Buffet or Gates) open businesses there.

Unfortunately, the same forces that make these people ultra-rich keep them ultra-rich. They really don't want to give money to the government or charity. Bill Gates spends his "charity" money lobbying government to spend our taxpayer money on his pet projects.


Umm, sarcasm? Satire?

1st - there is a graduated income tax rate in the US. So as you earn more you pay more, generally. It is true that the richest of the rich get to hide wealth in non-capital-gains asset investments, this is only workable for the Warren Buffets of Bill Gates of the world.


I believe he was talking about loopholes and tax shelters. The irony here is that we have debates about reducing corporate taxes. That is one of the main tax shelters for the ultra-rich!

[Matt Collins]

Don't confuse being wealthy with having a large income. The two are NOT the same thing.

[HOLLYWOOD]

The ignorance of Americans are beyond reproach... The Wealthy own the US legislators and the laws. You raise their taxes and their teams of Lobbyists, Lawyers, and Political Crones always insert hidden loopholes, always from an unknown sources, into the laws.

The Best exemption was Hank Paulson and his $250 Million in savings and investments that he never had to pay taxes on, because he was the only person out of 300 Million Americans that could run the US Treasury. The clause that if the government hires you, your investments are tax free is a prefect example the Aristocracy that runs this quasi Fasco-Corporatist government.

Americans are dumb enough to buy into the government propaganda of going after wealth when in the long run, it's going after the weak... weak poor, weak middle, weak wealthy... then in the future when inflation hits the Million and under classes most, DC can decide how to control the people in this huge long term game of stealing the people's money.

AMT was suppose to nail 157 "rich people" that weren't paying taxes... now it's going to affect 30-40 million Americans.

[Brian4Liberty]

The Best exemption was Hank Paulson and his $250 Million in savings and investments that he never had to pay taxes on, because he was the only person out of 300 Million Americans that could run the US Treasury. The clause that if the government hires you, your investments are tax free is a prefect example the Aristocracy that runs this quasi Fasco-Corporatist government.

Yep. That is a classic outrage. Get into the President's Cabinet, have a lifetime of profit rendered tax-free.