Majority Report: America Says, Tax the Rich!

[Charleston Chew]

Run time: 06:08 https://www.youtube.com/watch?v=bLkrclTXXlA   Posted on YouTube: January 04, 2011 By YouTube Member: SamSeder Views on YouTube: 458   Posted on DU: January 05, 2011 By DU Member: Charleston Chew Views on DU: 642

 
America Says, "Tax the Rich!"

Looks like America is liberal after all.

A survey from CBS News' "60 Minutes" and Vanity Fair magazine shows that most Americans, given a set limited choices for balancing the national budget, would prefer to see taxes increased for the wealthy.

As many as 61 percent said they would prefer increasing taxes on the rich over three other options: cutting defense spending, cutting Medicare or cutting Social Security. Another 20 percent chose cutting defense spending as the best option. Just 4 percent said they would cut Medicare, and just 3 percent said they would cut Social Security.

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[dkf]

1. I Only now realized we've already done this...

The PPACA also carries a historic price tag. The cost of the legislation will add significantly to the tax burden of high net-worth individuals and families. Beginning in 2013, individuals earning more than $200,000 and married couples with wages in excess of $250,000 will pay a Medicare payroll tax of 2.35 percent, up from 1.45 percent.

http://www.nevadaappeal.com/article/20101219/BUSINESS/101219596

[midnight]

2. I don't think this is the type of payment by the rich that

most Americans are thinking about..... I think that most Americans want those who have more to pay more and not the other way around.

[dkf]

4. They just raised the medicare tax on people making over 200,000 single and 250,000 joint.

How does that not qualify?

[Charleston Chew]

3. Wednesday, January 5, 2011

Today, Sam will be talking to the one and only Digby. Be sure to visit her blog Hullabaloo, and while your waiting for the Seder juggernaut, go check out some of the delicious coffees our friends at Just Coffee have to offer!

Digby: http://twitter.com/digby56#

Hullabaloo: http://digbysblog.blogspot.com/

Just Coffee: http://www.justcoffee.coop/