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Gates Joins Buffett Chorus to Tax the Rich More

Stupid remarks...

Bill Gates (richest American) noted “taxes are going to have to go up” and thus he’d prefer that they “go up more on the rich than everyone else. That’s just justice. There needs to be “a sense of shared sacrifice,” he said, adding, “right now, I don’t feel like people like myself are paying as much as we should.”

Bill Gates - Richest person in America ...

 

here !

 

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Right & Wrong journal ...

Politics 2012

Tid­bits & snip­pets from the cam­paign trail

We the people ...

2012-​01-​10: Mass­a­chu­setts Sen. Scott Brown, the most vul­ner­a­ble Repub­li­can up for re-​election this fall, pulled in more than $3 mil­lion in the last quar­ter of 2011, end­ing the year with about $12.8 mil­lion in the bank via Roll­call

2012-​01-​17: On Jan­u­ary 20 & 21, 2012 … activists across the coun­try are orga­niz­ing to protest the Cit­i­zens United rul­ing to urge that it be over­turned by amend­ing the Con­sti­tu­tion. Please use these tools to learn more about orga­niz­ing an event via United For the People

2012-​01-​17: A report by the non­par­ti­san Con­gres­sional Research Ser­vice shows that, between 1996 and 2006, the share of total after-​tax income attrib­ut­able to div­i­dends and cap­i­tal gains grew by 40 per­cent, faster than any other cat­e­gory. Earned mostly by the well-​to-​do, invest­ment income was the largest con­trib­u­tor to the increase in income inequal­ity between 1996 and 2006, accord­ing to CRS… is related to the so-​called pro­posedBuf­fett Rule” ( “No house­hold mak­ing over $1 mil­lion annu­ally should pay a smaller share of its income in taxes than middle-​class fam­i­lies pay” ), whereby the Omaha bil­lion­aire War­ren Buf­fett pays income tax at a lower effec­tive rate than his sec­re­tary does, largely because so much of his income comes from invest­ments — famous NYTimes OPEd essay here.

2012-​01-​17: Defin­i­tive Guide for over­turn­ing Cit­i­zens United “the most dan­ger­ous vehi­cles for cor­rup­tion in Amer­i­can pol­i­tics today”… Fred Wertheimer (watch­dog group Democ­racy 21) via Cor­po­ra­tions Are Not People

2012-​01-​17: Mitt Romney’s Mis­lead­ing Debate Per­for­mances… just in case you missed them via Tae­gan Goddard’s Polit­i­cal Wire

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