Why higher taxes on the wealthy doesn’t hurt
There’s a big deal going on now about having people and families making over $250,000 a year pay their fair share of taxes. Warren Buffett (one of the richest people in the world) wrote a now-famous op-ed asking our leaders to “stop coddling the rich.” He pointed out his secretary pays a higher tax rate than him. The Republicans, of course, will say that taxing the rich will somehow cause rich people not to create jobs. Funny how they don’t seem to be creating jobs either way? But that’s not what I’m here to talk about. Read the rest of this entry »
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