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'Patriotic Millionaires' Describe What They've Done With Their Bush Tax Cuts:

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ProfessionalLeftist Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-11 03:21 PM
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'Patriotic Millionaires' Describe What They've Done With Their Bush Tax Cuts:
...

"I've kept it," he said. "I have not done anything with that money."

Egerman is part of a gang of self-described Patriotic Millionaires who wish the federal government would help itself to more of their money to address its big budget deficits. Nearly 200 millionaires have signed a letter asking congressional Republicans to consider healing budget gaps with increased revenue -- in particular, higher taxes on millionaires -- instead of just reduced spending.

The group is coordinated by the Agenda Project, a New York think tank, and Wealth for the Common Good, a network of business leaders and wealthy people that promotes "fair and adequate taxation" to support the economy.

...

"I got a bigger boat than I used to have," said Dennis Mehiel, the founder and chairman of cardboard box manufacturer U.S. Corrugated, Inc. He lamented that the construction of his 150-foot sloop didn't create any jobs for American workers. "The problem is, it was built in Italy.



http://www.huffingtonpost.com/2011/06/06/patriotic-millionaires-bush-tax-cuts_n_871840.html
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ErikJ Donating Member (480 posts) Send PM | Profile | Ignore Tue Jun-07-11 03:27 PM
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1. Even Hoover
had enough sense to raise the top tax rate on the rich from 20% to 63% in 1932 when he and congress realized they had no other choice. And FDR used the money for the New Deal stimulus which reduced unemployment from 30% in 1932 to 14% by 1936.
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ProfessionalLeftist Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-11 03:28 PM
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2. It's amazing that today, they can't even muster enough common sense
to match Hoover's. Pfft.
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-11 04:03 PM
Response to Reply #2
3. I think today's Republicans just don't empathize with any Americans except the top 10%
Hell, maybe even the top 1%.

I don't think it's as much a matter of not knowing as it is one of not caring.
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ProfessionalLeftist Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-11 05:15 PM
Response to Reply #3
4. Yep. That psychopathic 'no empathy' problem.
Rampant. I wish Robert Hare would do a sweep through Washington....subject everyone up there to his PCL-V questionnaire / evaluation. . . and publish the results. In fact I think that should be a requirement to run for public office. I suspect though, that some of these people are not psychopaths - they're just that freaking out of touch with regular, working people - clueless.
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