Quote:
Originally Posted by Jukesgrrl
Anyone who is making $665,000 per year is going to be in the millionaire category in short order. If they're not paying taxes, or putting their money in savings, then they must be conspicuously spending. And that's OK when some people who work just as many hours a day can't afford food and others can't send their kids to college?
It never ceases to amaze me when people who are NOT top earners are so worried when the richest among us are asked to pay a fairer share of taxes. Do they actually think that they WILL be rich some day and want the system still to be game-able when they get there?
Do they belong to a Love Your Local Millionaire club? Did you feel sorry for Bernie Madoff watching him fleece the rich?
No one has ever been able to explain to me why so many voters in the last presidential election thought it was OK that Mitt Romney was paying a far smaller share of his income in taxes than his secretary was. AND probably hiding a lot of his income in overseas accounts.
Now here we are again. Millionaires willing to pay more and some poorer people saying, "Oh, why? We'll pick up the slack."
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Perhaps no one has explained to you about Mitt Romney because it was actuallly Warren Buffet who you were thinking about. His secretary made about 500k/yr and Buffet, an Obama supporter, structured his compensation to pay the lower rate. He was NOT required to do so!
Please explain to me (specifically) what constitutes a "fair share" as I certainly believe that I'm already well above that threshold.