‘Patriotic Millionaires’ Want Higher Taxes
A group of millionaires is calling on Washington to raise taxes on the wealthy for the good of the economy ("Rich people are not the cause of a robust economy, they're the result of a robust economy") and their fellow Americans ("We shouldn't be wallowing in our riches while everybody else is suffering").
A group of millionaires is calling on Washington to raise taxes on the wealthy for the good of the economy (“Rich people are not the cause of a robust economy, they’re the result of a robust economy”) and their fellow Americans (“We shouldn’t be wallowing in our riches while everybody else is suffering”).
Learn more at the group’s website or from the interview below. — PZS
NPR:
A group of wealthy Americans that calls itself the Patriotic Millionaires for Fiscal Strength has sent a letter to President Obama and Congress asking them to raise their taxes and the taxes of the 370,000 other Americans who earn more than $1 million a year.
In a video the group released Tuesday, members say they “shouldn’t be wallowing in … riches while everybody else is suffering.” They say the tax cuts President Bush signed into law 10 years ago were a mistake that needs to be fixed.
“My country — our country — means more than my money,” members say in the video.
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