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NEWS and REPORTS => World News => Topic started by: THP on Jun 14, 2011, 09:02 AM

Title: Why Do We Ignore Millionaires' Offers to Pay More Taxes?
Post by: THP on Jun 14, 2011, 09:02 AM
Don't look a gift horse in the mouth -- unless it comes in the form of an altruistic effort to fix the government's fiscal problems. That seems to be today's conventional wisdom. While a political battle rages over fixing the federal deficit, simple, but potentially very effective, offers to help solve our problems are going unheeded. People with resources and influence have offered hundreds of billions of dollars to fix the federal deficit, but no one appears to be listening. Why not?A group of millionaires (http://www.npr.org/2011/06/08/137057970/patriotic-millionaires-ask-obama-congress-to-raise-their-taxes) (the self-proclaimed Patriotic Millionaires for Fiscal Strength) recently sent a letter to President Obama and Congress asking them to raise the taxes on people who earn more than $1 million a year.More... (http://www.huffingtonpost.com/bradley-t-borden/patriotic-millionaires_b_875978.html)

Source: The Huffington Post.