White House Proposes "Wealthy Tax" 2115
President Obama is proposing a new tax rate for people making over $1m a year. The new rate is part of a larger plan which seeks to bring in $1.5 trillion in new tax revenue and is sure to meet opposition in congress. From the article: "The core of the president's plan totals just more than $2 trillion in deficit reduction over 10 years. It combines the new taxes with $580 billion in cuts to mandatory benefit programs, including $248 billion from Medicare." GOP Rep. Paul Ryan of Wisconsin said, "Class warfare may make for really good politics but it makes for rotten economics."
More expenses? (Score:1, Funny)
Now being rich is a crime?
How do I pay for my Xbox Live subscription, my BBM unlimted data plans, the new iPhone that might launch anytime, the new anytime or my trips around the world every six months, if I am paying taxes for these stupid homeless/poor people who live in the middle of nowhere?
Looting others' money is just not as fun as it used to be.
WTF (Score:4, Funny)
Why do people that aren't rich defend people that are? The problem is very simple, just about everyone reading this is not rich. If we would like to live better lives, and build small and medium businesses we need capitol to do this. If the rich have it all, we can't. The only way for our lives to get better is if the rich have less of the money and we have more. It really is just that simple. We can't have more unless the rich have less!
Now, for those that are not rich defending policies that benefit the rich at your expense? WTF? Do you think the rich will read your post and like you? This is like President Obama pandering to the Republicans. It's just dumb. You aren't one of the club.
George Carlin said it best: http://www.youtube.com/watch?v=Dpcd0woY2KY [youtube.com]