Generous Ex-Google Employee Requests Tax Increase from Obama(launch.is)
launch.is
Generous Ex-Google Employee Requests Tax Increase from Obama
http://www.launch.is/blog/retired-google-employee-asks-obama-to-raise-his-taxes-video.html
3 comments
As a friend pointed out. This guy is unemployed by choice and his 2011 income is probably $0. On the other hand, if this gov-t got around replacing income tax with a consumption tax, that would actually tax those who can afford it.
When the Bush tax cuts were enacted, I got a check for $300. I remember thinking that wasnt enough to do me any good, and that it would have been better used to apply to the deficit.
That was stupidest move ever.... I mean, aside from starting a ten-year war that could have been avoided.
You are allowed to overpay the IRS. If he'd like to pay more no one is stopping him from sending a check.
I think most rich folks would pay more if they knew everyone who was rich was also doing so.
there is a parity issue at play... and if you're going to donate there are more efficient ways to do so than giving it to the government (i.e. create three jobs by starting a cafe, invest in startups, etc).
there is a parity issue at play... and if you're going to donate there are more efficient ways to do so than giving it to the government (i.e. create three jobs by starting a cafe, invest in startups, etc).
what bothers me is that giving any money to the gov-t is the least efficient way, because the gov-t is not efficient with money. That brings the question, do we really need to raise taxes or open more opportunities for charitable foundations to do what gov-t cannot.