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April 30, 2011

There Are Millionaires ASKING To Pay Higher Taxes

-- by Dave Johnson

Susie Madrak explains, in Oh, Orrin? Why Won't You Listen To Millionaires Who Want To Pay Higher Taxes? | Crooks and Liars,

So the Patriotic Millionaires, a group that includes several dozen people in the highest tax bracket, first tried unsuccessfully to convince elected officials to let the Bush tax cuts expire. No dice. ...

Then, right before Obama was to announce his budget proposal, they took a different approach. Via Justin Elliott in Salon:

"For the fiscal health of our nation and the well-being of our fellow citizens, we ask that you increase taxes on incomes over $1,000,000," the group writes in a new letter to Obama, Harry Reid, and John Boehner. "We make this request as loyal citizens who now or in the past earned incomes of $1,000,000 per year or more."

Last year, Obama signed a bill to extend the Bush tax cuts after originally proposing that the two highest tax rates return to 36% and 39.6%, up from the Bush tax cut levels of 33% and 35%.

One of the signatories of the new letter, film and television producer Linda Gottlieb, explained her participation to me this morning: "For me to be sitting and hoarding my money is insane," said Gottlieb, whose producer credits include "Dirty Dancing" and who now teaches at NYU's Tisch school. "We all give to charity, but that's not the same as creating a more equitable society."


Anyway, go read the story of these millionaires trying to get Republicans to see them, and Republicans mocking them. And read how the millionaires explain that it is part of democracy to pay your taxes.

Posted by Dave Johnson at April 30, 2011 5:40 PM


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