Our server costs ~$56 per month to run. Please consider donating or becoming a Patron to help keep the site running. Help us gain new members by following us on Twitter and liking our page on Facebook!
Current time: March 28, 2024, 11:56 am

Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Among the wealthy, a new voice for fiscal sacrifice
#1
Among the wealthy, a new voice for fiscal sacrifice
Among the wealthy, a new voice for fiscal sacrifice

By Katrina vanden Heuvel
Tuesday, November 30, 2010

President Obama's discussion Tuesday with leaders of both parties about the expiring Bush tax cuts comes at a time when a growing chorus of progressives and other reasonable-minded Americans have been ramping up pressure on the White House to allow the cuts for millionaires to end - as intended - at the end of the year. Last week that chorus was joined by a group of unlikely, albeit welcome new singers: the millionaires themselves.

In a November letter to President Obama, a group calling itself Patriotic Millionaires for Fiscal Strength argued that the wealthiest Americans do not need, and should not be given, an extension on tax cuts that have done next to nothing to improve broad economic prosperity. "We are writing to urge you to stand firm against those who would put politics ahead of their country," the letter's authors write. "Now, during our nation's moment of need, we are eager to do our fair share."

Signers include a number of early Google executives as well as leaders of companies such as Ben and Jerry's, Men's Wearhouse and Princeton Review. They aren't the first group of ultra-wealthy people to signal discomfort with senseless fiscal policy designed to benefit the top 2 percent. A group of 700 business leaders and individuals known as Responsible Wealth have called the Bush tax cuts "irresponsible" and "downright inexcusable." Bill Gates Sr. and Warren Buffet, of course, have also called for a change in priorities.

Read more at: http://www.washingtonpost.com/wp-dyn/con...pmopinions
Reply
#2
RE: Among the wealthy, a new voice for fiscal sacrifice
(December 4, 2010 at 2:07 am)Houston I Am Wrote: Among the wealthy, a new voice for fiscal sacrifice

By Katrina vanden Heuvel
Tuesday, November 30, 2010

President Obama's discussion Tuesday with leaders of both parties about the expiring Bush tax cuts comes at a time when a growing chorus of progressives and other reasonable-minded Americans have been ramping up pressure on the White House to allow the cuts for millionaires to end - as intended - at the end of the year. Last week that chorus was joined by a group of unlikely, albeit welcome new singers: the millionaires themselves.

In a November letter to President Obama, a group calling itself Patriotic Millionaires for Fiscal Strength argued that the wealthiest Americans do not need, and should not be given, an extension on tax cuts that have done next to nothing to improve broad economic prosperity. "We are writing to urge you to stand firm against those who would put politics ahead of their country," the letter's authors write. "Now, during our nation's moment of need, we are eager to do our fair share."

Signers include a number of early Google executives as well as leaders of companies such as Ben and Jerry's, Men's Wearhouse and Princeton Review. They aren't the first group of ultra-wealthy people to signal discomfort with senseless fiscal policy designed to benefit the top 2 percent. A group of 700 business leaders and individuals known as Responsible Wealth have called the Bush tax cuts "irresponsible" and "downright inexcusable." Bill Gates Sr. and Warren Buffet, of course, have also called for a change in priorities.

Read more at: http://www.washingtonpost.com/wp-dyn/con...pmopinions
They can write checks to the US Treasury. They will gladly take donations. Hurricane Katrina vanden Huevel can lead the way. Why do these super rich think there should be a law to force them to pay more? They can't do it on their own? They found time to donate half their wealth to charities? Why not Uncle Sam?

Reply
#3
RE: Among the wealthy, a new voice for fiscal sacrifice
(December 4, 2010 at 3:49 am)Mishka Wrote:
(December 4, 2010 at 2:07 am)Houston I Am Wrote: Among the wealthy, a new voice for fiscal sacrifice

By Katrina vanden Heuvel
Tuesday, November 30, 2010

President Obama's discussion Tuesday with leaders of both parties about the expiring Bush tax cuts comes at a time when a growing chorus of progressives and other reasonable-minded Americans have been ramping up pressure on the White House to allow the cuts for millionaires to end - as intended - at the end of the year. Last week that chorus was joined by a group of unlikely, albeit welcome new singers: the millionaires themselves.

In a November letter to President Obama, a group calling itself Patriotic Millionaires for Fiscal Strength argued that the wealthiest Americans do not need, and should not be given, an extension on tax cuts that have done next to nothing to improve broad economic prosperity. "We are writing to urge you to stand firm against those who would put politics ahead of their country," the letter's authors write. "Now, during our nation's moment of need, we are eager to do our fair share."

Signers include a number of early Google executives as well as leaders of companies such as Ben and Jerry's, Men's Wearhouse and Princeton Review. They aren't the first group of ultra-wealthy people to signal discomfort with senseless fiscal policy designed to benefit the top 2 percent. A group of 700 business leaders and individuals known as Responsible Wealth have called the Bush tax cuts "irresponsible" and "downright inexcusable." Bill Gates Sr. and Warren Buffet, of course, have also called for a change in priorities.

Read more at: http://www.washingtonpost.com/wp-dyn/con...pmopinions
They can write checks to the US Treasury. They will gladly take donations. Hurricane Katrina vanden Huevel can lead the way. Why do these super rich think there should be a law to force them to pay more? They can't do it on their own? They found time to donate half their wealth to charities? Why not Uncle Sam?

Maybe they want ALL the rich to take on their fair share? And not just them and the others like them who are willing to pay?
Reply
#4
RE: Among the wealthy, a new voice for fiscal sacrifice
Maybe they should lead by example and pony up a few million here or there.
Reply
#5
RE: Among the wealthy, a new voice for fiscal sacrifice
(December 4, 2010 at 11:22 am)Mishka Wrote: Maybe they should lead by example and pony up a few million here or there.

That's dumb, the ones that are willing to give aren't enough to pay for those that don't, they want the rich to pay so they can make a significant hole in the debt.
Reply
#6
RE: Among the wealthy, a new voice for fiscal sacrifice
When they get rid of their accountants who look for every loopole to save on paying taxes, then I'll know they mean it.
Reply
#7
RE: Among the wealthy, a new voice for fiscal sacrifice
(December 4, 2010 at 1:17 pm)Mishka Wrote: When they get rid of their accounts who look for every loopole to save on paying taxes, then I'll know they mean it.


No, you'll never be convinced. But do keep telling us what a fine xtian you are. That's good for a laugh.
Reply
#8
RE: Among the wealthy, a new voice for fiscal sacrifice
Laugh it up furball.
Reply
#9
RE: Among the wealthy, a new voice for fiscal sacrifice
(December 5, 2010 at 12:46 am)Mishka Wrote: Laugh it up furball.

A leopard can't change their spots can they?

Reply
#10
RE: Among the wealthy, a new voice for fiscal sacrifice
(December 5, 2010 at 4:00 am)Houston I Am Wrote: A leopard can't change their spots can they?

And asses will always be asses

[Image: 14235__donkey_l.jpg]
"God is dead" - Friedrich Nietzsche

"Faith is what you have in things that DON'T exist. - Homer J. Simpson
Reply



Possibly Related Threads...
Thread Author Replies Views Last Post
  So about the Voice to Parliament (Australia) GrandizerII 7 861 October 7, 2023 at 4:18 pm
Last Post: GrandizerII
  Australia: Martyr complex among "no" voters GrandizerII 39 4613 November 21, 2017 at 7:30 am
Last Post: Little lunch
  There is No Honor Among Thieves or Whiny Little Bitches Minimalist 13 1826 March 30, 2017 at 10:15 pm
Last Post: Amarok
  What Do You Call a Fiscal Progressive and a Social Conservative? InquiringMind 44 8351 February 16, 2017 at 10:25 pm
Last Post: Edwardo Piet
  Among Other Things The WLB Will Fuck Up Is the internet. Minimalist 17 2676 January 24, 2017 at 3:08 pm
Last Post: brewer
  There Is No Honor Among Thieves..... Minimalist 16 1996 August 17, 2016 at 9:12 pm
Last Post: Jackalope
  Huffington Post: Hillary Clinton’s Support Among Nonwhite Voters Has Collapsed ReptilianPeon 5 1415 April 2, 2016 at 8:17 am
Last Post: Redbeard The Pink
  What's $100 billion among friends? Minimalist 18 2499 February 28, 2016 at 12:22 am
Last Post: vorlon13
  The Crazies Are Falling Out Among Themselves Minimalist 4 1415 September 12, 2015 at 1:11 pm
Last Post: Faith No More
  Enjoy it - Fiscal "Conservatives!" Minimalist 2 931 September 2, 2015 at 7:54 pm
Last Post: vorlon13



Users browsing this thread: 1 Guest(s)