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Old 09-23-2010, 01:27 PM   #28
fmicle
 
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Drives: 2007 Yaris LB
Join Date: Mar 2007
Location: San Jose, CA, USA
Posts: 685
As for the rich people paying more taxes, in all fairness, they do pay more taxes. My issue is that they can actually afford to pay more taxes, because they have a lot more money (duh). A tax increase of $3k a year for me would mean that I may have to skip that planned vacation to Hawaii, a tax increase of $150k a year for Warren Buffet means what? He'll have a little less money to invest into a hedge fund? I really can't see how a tax increase for the rich would affect their lifestyle in the slightest.

But, as I said in the beginning, let's not forget that they already pay the biggest share, as it is described in this awesome article:

http://www.amazingposts.com/2008/07/...tem-works.html
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