Black Positive People : Millionaires to Obama: Tax us

Discussion in 'Black People Doing Positive Things' started by Clyde C Coger Jr, Nov 19, 2010.

  1. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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  2. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Sankofa and Update!

    Millionaires to Obama: Tax us


    "Patriotic millionaires" call for their tax cuts to expire



    Not surprisingly, some of the super-rich declined to join the Patriotic Millionaires when the Agenda Project reached out to them. At least two airily dismissed the Bush tax cuts for millionaires and above -- which will cost well over $700 billion over the coming decade -- as "small potatoes." And a Manhattan hedge fund billionaire said he believes the cuts should be extended and added that "the moneys should be used to pay down debt" -- which sounds like the magical Republican plan to simultaneously cut taxes, wage war and drastically reduce the deficit. The same investor also complained that "anyone who has money is made to feel that they're bad."

    http://www.salon.com/news/opinion/joe_conason/2010/11/18/millionaires/index.html

     
  3. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    Millionaires to Obama: Tax us


    Here's the letter:

    http://www.fiscalstrength.com/




    Dear Mr. President

    We are writing to urge you to stand firm against those who would put politics ahead of their country.
     
  4. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    Millionaires to Obama: Tax us


    A great presentation:


     
  5. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    Millionaires to Obama: Tax us


    Obama adviser warns against tax cuts for wealthy


    Obama adviser warns against tax cuts for wealthy

    Jason Furman, deputy assistant to the president for economic policy, said a proposed short-term extension for the rich that some economists have advocated would put the country on a slippery slope it would be tough to pull back from...A poll this week by the National Association of Business Economics found 54 percent of that group back extending all the lower rates, while about 45 percent favored either letting them all expire or just extending them for the so-called middle class and under groups.

    http://www.reuters.com/article/idUSTRE67U3PA20100831


     
  6. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    Millionaires to Obama: Tax us


    For the good of democracy, tax cuts for the rich must expire

    http://articles.latimes.com/2010/sep/23/opinion/la-oe-hacker-tax-cuts-20100923



    Most economists agree that extending Bush-era tax cuts for the highest-income Americans would do little to stimulate the economy. The nonpartisan Congressional Budget Office recently ranked extending the 2001 tax cuts last among 11 options for creating employment. It noted that even within that option, extending tax cuts for the rich would be the least helpful tax-cut extension, because wealthy people would be likely to bank their tax savings rather than spending them.

     
  7. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

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    :fyi:greed is a sin too.
     
  8. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    .......Preciate that jamesfrmphilly.

     
  9. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    Millionaires to Obama: Tax us...Hopefully, we will


    Warren Buffett, "Tax Us"

     
  10. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    Millionaires to Obama: Tax us...Hopefully, we will


    CBS News Poll: Most Oppose GOP Tax Plan

    According to a new CBS News poll, however, Boehner is off-base in his claim that Americans "want us to stop all the looming tax hikes."

    The poll finds that 53 percent of Americans want the Bush-era tax cuts extended only for households earning less than $250,000 per year. That roughly matches the proposal put forth by the White House, which wants to extend the cuts only for incomes less than $250,000 for families and $200,000 for individuals.

    Just 26 percent of Americans say they support extending the cuts for all Americans, even those earning above the $250,000 level, which is the GOP proposal
    .



    http://www.cbsnews.com/8301-503544_162-20024494-503544.html?tag=contentMain;contentBody
     
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