New York Millionaires Offer to Pay Extra Taxes to Offset Budget Cuts

[Me.]

Even millionaires know it’s the right thing to do, it’s the politicians that ate the problem.

“MANHATTAN -- Millionaires across New York State are banding together to ask for more taxes.

About 100 wealthy New Yorkers, including actor Mark Ruffalo, say they want to do their part to help the state out of its budget crisis, and they are encouraging Gov. Andrew Cuomo to extend the so-called millionaire's tax.

"Many of us New Yorkers are troubled that you're giving a $5 billion tax cut to 2 percent of New York's most wealthy, while cutting $9 billion from education and social services for the rest of New Yorkers," Ruffalo said in an online video addressing Cuomo.

"Please, ditch this backwards Robin Hood plan and give all New Yorkers a fair shake."

The millionaire's tax, which is slated to expire in April, takes about an extra 2 percent in state taxes from individuals making over $200,000 a year or families making over $300,000.

A group called New Yorkers for Fiscal Fairness sent an open letter with about 100 signatures to Cuomo and state legislators Thursday urging them to renew the tax to avert the budget cuts.”…cont,,,

http://www.huffingtonpost.com/2011/03/25/new-york-millionaires-off_n_840485.html

[freshwest]

1. Guess Cuomo is a Social Darwinist, despite his former reputation as a Dem.

[eowyn_of_rohan]

2. how refreshing. Wonder though what % of NY millionaires

are willing to pay extra taxes.

[KansDem]

3. Hold on, folks...

Take five and let's see how this plays out...

[Rage for Order]

4. They're not offering to pay "extra" taxes

They're offering to keep existing tax rates at the current level. How about asking the state to increase their taxes by 5% - 10% above their current level?

[Earth_First]

7. +1

:applause:

[DrDan]

8. sounds like a good gesture to me

of course, here where the wealthy are hated and despised, no gesture is viewed as worthy.

[Rage for Order]

9. It is a good gesture, but let's not call it something it's not

I'm just asking for truth in advertising (or reporting, as it were)

[Tippy]

5. K&R

[Me.]

6. Someone Must Be In A Bad Mood This Morn

To unrec millionaires wanting to do their share. Either that or a troll.

[Scuba]

10. Poll after poll shows most high earners think...

...they SHOULD have to pay a bit more.

It's a tiny number of the wealthiest of the wealthy who have nothing left to buy but the governments.


I say tax the bastards until they're only "fabuloously wealthy".