President Obama urges Congress to pass the Buffett Rule — which asks those who make more than $1 million a year to pay at least the same percentage of their income in taxes as middle class families — as a principle of fairness. And as many Americans rush to file their taxes this weekend, it’s… Continue reading President Obama on The Buffett Rule – “Not Just About Fairness, It’s Also About Growth”
Tag: millionaires
What’s Wrong With Millionaires Paying The Same Rate You Pay?
President Obama once again called on Congress to pass the Buffett Rule – a policy initiative being pushed by Democrats that requires millionaires and billionaires to pay “their fair share” in taxes. The president admitted that although millionaires and billionaires paying more in taxes will not solve the budget crisis, he said the extra revenue… Continue reading What’s Wrong With Millionaires Paying The Same Rate You Pay?
Where Are Your Tax Returns Willard?
We all know that Mitt Romney is a ga-zillionaire trying to convince Americans that he is just an average Joe, someone you can sit and have a beer with. His financial deals at Bain Capital – where he mainly bought smaller business, fired the employees and shipped those jobs overseas because of cheap labor markets… Continue reading Where Are Your Tax Returns Willard?
Lifestyle Of The Rich And Famous – In Congress
“Few federal lawmakers must grapple with the financial ills –unemployment, loss of housing, wiped out savings — that have befallen millions of Americans,” said Sheila Krumholz, the Center for Responsive Politics’ executive director. “Congressional representatives on balance rank among the wealthiest of wealthy Americans and boast financial portfolios that are all but unattainable for most… Continue reading Lifestyle Of The Rich And Famous – In Congress
Rich Donors To Rick Perry Get Extra, Extra Special Treatment
Large donors to the Rick Perry campaign for governor of Texas are beginning to reap the benefits of their donations, or more appropriately, investments. Reports have shown that numerous individuals and couples who’ve invested in Perry, are getting multi-million dollar contracts and subsidies from the state of Texas, and some even get jobs in the… Continue reading Rich Donors To Rick Perry Get Extra, Extra Special Treatment
I.R.S – 1400 Millionaires Paid Zero Taxes in 2009
If the family struggling to put food on the table, or keep a roof over their heads make a mistake on their tax returns and is audited, the taxman will bring out the army to make sure that family pays all the taxes they owe. But if you’re a millionaire, you could get away with… Continue reading I.R.S – 1400 Millionaires Paid Zero Taxes in 2009