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Friday, April 15, 2011
Boomer with Attitude / News 'Patriotic Millionaires' want to pay more taxes
Posted By John Grooms on Fri, Apr 15, 2011 at 1:48 PM
I’ve bitched in the past about the super-wealthy’s class war on the rest of us, and even wrote a column titled “Eat the Rich.” So it may come as a surprise that I want to express admiration and support for a group of more than 40 millionaires. They call themselves the “Patriotic Millionaires,” and they’ve written a letter to Pres. Obama, House Speaker Boehner and Sen. Majority Leader Reid, pressing them to “increase taxes on incomes over $1,000,000.” The group includes top Google engineers, actress Edie Falco, producer/director Doug Liman, the founder of Ask.com. Their letter states, “Our country has been good to us. It provided a foundation through which we could succeed. Now, we want to do our part to keep that foundation strong so that others can succeed as we have.” According to the National Journal story linked above, the group Wealth for the Common Good estimates that raising taxes on millionaires could raise $60-80 billion per year in revenue.
As I wrote in the “Eat the Rich” column, it’s well known that wealthy Americans fund many of the nation’s charity organizations, and are compassionate folks. And as I also wrote then, I offer a big, very sincere "thank you" to those people of means who do the right thing by their fellow human beings. Not everyone with money is Donald Trump or some other version of “Insensitive Jerk"; they just get much of the publicity.
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