Voluntary taxation for the ultra-wealthy?

1 post / 0 new

Steve Forbes was on the BBC this morning and was asked a question about Warren Buffett's proposal that the wealthy should pay more taxes. He replied, "the Treasury has an address where you can voluntarily send money to reduce the national deficit, I'd encourage him to do that." The standard bullshit conservative response.

So, I propose that if you really want to fight a war, go buy a gun and go there on your own. Don't ask us to do it together as a nation.

It's puerile to counter Buffett's argument by saying he's free to give more to the government if he wants to. It would have as much impact as Steve Forbes showing up with an M-16 in Kandahar.

applewuud's picture
applewuud
Joined:
Jul. 31, 2007 4:01 pm

Currently Chatting

Who Should an Economy Serve?

The top one percent own half of all the world's assets. In stark contrast, the bottom fifty percent of the world owns less than one percent. According to the 2014 Global Wealth Report from Credit Suisse, global inequality has surged since the 2008 financial collapse. The report explains that while global wealth has more than doubled since the year 2000, the vast majority of overall growth has gone to those who were already wealthy.

Powered by Pressflow, an open source content management system