A Google millionaire made this request of Obama in an town hall meeting.

 

http://www.dailyfinance.com/2011/09/26/google-millionaire-begs-obama-raise-my-taxes-please/?icid=maing-grid7|main5|dl1|sec1_lnk2|99354

 

Buffett said the same thing, didn't he? Thoughts?

A Google millionaire made this request of Obama in an town hall meeting.

 

http://www.dailyfinance.com/2011/09/26/google-millionaire-begs-obama-raise-my-taxes-please/?icid=maing-grid7|main5|dl1|sec1_lnk2|99354

 

Buffett said the same thing, didn't he? Thoughts?

Fine, raise taxes on both of them since they want to volunteer.

Yeah they can voluntarily contribute whatever they want. Complete nonsense.

In light of the current economic/budget crisis, should the Bush tax cuts be let to expire? That would return taxes to where they were less than ten years ago.

A Google millionaire made this request of Obama in an town hall meeting.

 

http://www.dailyfinance.com/2011/09/26/google-millionaire-begs-obama-raise-my-taxes-please/?icid=maing-grid7|main5|dl1|sec1_lnk2|99354

 

Buffett said the same thing, didn't he? Thoughts?

Was not aware that there was/is a mechanism in place to keep them from paying more than required in taxes.

Fine, raise taxes on both of them since they want to volunteer.

In the spirit of fair and balanced I hereby volunteer that my taxes be lowered to keep everything at a happy equilibrium.

^ Hey, we should all do our part.

In light of the current economic/budget crisis, should the Bush tax cuts be let to expire? That would return taxes to where they were less than ten years ago.

That might help the budget crisis but would do nothing but hurt the economic crisis.

In light of the current economic/budget crisis, should the Bush tax cuts be let to expire? That would return taxes to where they were less than ten years ago.

 

Then do it on everybody and let ALL of the Bush tax cuts expire rather then hiding behind the class warfare of the Obama administration.

 

And let me echo other's sentiments when I say what is preventing either of these gentlemen from cutting a check?

In the spirit of fair and balanced I hereby volunteer that my taxes be lowered to keep everything at a happy equilibrium.

:lol: I'm on board with that!

That might help the budget crisis but would do nothing but hurt the economic crisis.

Totally agree.

That might help the budget crisis but would do nothing but hurt the economic crisis.

 

I am not sure I buy into that. I hear that comment often and I am not sure I believe it. Why do you believe it?

 

Then do it on everybody and let ALL of the Bush tax cuts expire rather then hiding behind the class warfare of the Obama administration.

 

And let me echo other's sentiments when I say what is preventing either of these gentlemen from cutting a check?

 

What Bush tax cuts would not be eliminated?

a) I am willing to bet my income taxes that this was a staged event.

b) To the extremely wealthy, and this includes many of our Hollywood friends, extra taxes hardly impacts their discretionary income.

 

To the rest of us, the talk always starts at "wealthiest income earners" but when enacted ends up affecting couples earning around and below $100K annually. And, I know that impacts a lot of couples who have either worked their behinds off for years to get to that level, or invested a lot of money in education (and have the loans to show for it) and now get less discretionary income because they are so "wealthy" and now take years to pay off their loans.

I am not sure I buy into that. I hear that comment often and I am not sure I believe it. Why do you believe it?

 

 

 

What Bush tax cuts would not be eliminated?

One of the reasons, IMO, for our current woes is the lack of disposable income amoung the middle class. This is keeping demand down. Increasing taxes on the middle class at this point in time would not be a good thing. The fact is the government brings in over $2 trillion a year. If they can't run this country on $2 trillion something is seriously wrong with the system.

One of the reasons, IMO, for our current woes is the lack of disposable income amoung the middle class. This is keeping demand down. Increasing taxes on the middle class at this point in time would not be a good thing. The fact is the government brings in over $2 trillion a year. If they can't run this country on $2 trillion something is seriously wrong with the system.

 

What is the income range of people in the middle class?