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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMillionaires support raising taxes on themselves
http://www.bankrate.com/financing/taxes/millionaires-support-raising-taxes/Those wacky rich folks are at it again.
Some wealthy Americans say they support a tax increase on themselves to help reduce income inequality.
That's one of the results from CNBC's recent Millionaire Survey. Of the 514 millionaires polled in March by Spectrem Group, 51 percent believe income inequality is a "major problem" for the United States. Of that that group, nearly two-thirds said the wealth gap could be narrowed with a higher minimum wage and higher taxes on the wealthy.
A cynic might say that the rich support paying higher taxes because right now the chances of that happening are slim. It's an election year and no politician wants to demand that potential voters pony up more in taxes before they head to the polls.
Some wealthy Americans say they support a tax increase on themselves to help reduce income inequality.
That's one of the results from CNBC's recent Millionaire Survey. Of the 514 millionaires polled in March by Spectrem Group, 51 percent believe income inequality is a "major problem" for the United States. Of that that group, nearly two-thirds said the wealth gap could be narrowed with a higher minimum wage and higher taxes on the wealthy.
A cynic might say that the rich support paying higher taxes because right now the chances of that happening are slim. It's an election year and no politician wants to demand that potential voters pony up more in taxes before they head to the polls.
It's not the millionaires who are the problem. It's the billionaires. Especially the ones named Koch, and Adelson.
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Millionaires support raising taxes on themselves (Original Post)
KamaAina
May 2014
OP
ladjf
(17,320 posts)1. It seems to me that the billionaires are greedier than the millionaires. nt
KamaAina
(78,249 posts)2. By three orders of magnitude.
ladjf
(17,320 posts)3. Well, that seems odd if true.
To me, logic would dictate that since that have more money that they could possibly ever need, they , the billionaires would
be more willing to be charitable. Yet, the opposite seems true. I can only conclude that their greed has become a seriously
pathological condition. They must me dealt with by the "victims" in some form of class action.
laundry_queen
(8,646 posts)4. i think it's more about power
they want to be able to buy everyone IN power, so THEY can have all the power to themselves. I agree, however, it's pathological. Maybe it's a mix of hoarding money and power, who knows.
ladjf
(17,320 posts)6. Whatever it is. The rest of us are going to have to figure a way to get them under
control.
laundry_queen
(8,646 posts)7. For sure. nt
laundry_queen
(8,646 posts)5. That's because most of them realize
that it's better for them if the economy as a whole is doing well, and that only happens when everyone prospers, not just those at the top. Anyone with basic economics schooling knows this.