Raise Our Taxes, Please
by David Atkins
The Patriotic Millionaires for Fiscal Strength are making headlines lately. Here they are giving testimony to Congress:
They also suggested that Grover Norquist move to Somalia where he belongs:
Patriotic Millionaires for Fiscal Strength, millionaires who want the government to tax them more, met with foremost anti-tax guru Grover Norquist in Washington late Wednesday afternoon. Not surprisingly, they couldn’t find common ground — and ended up debating the state of Somalia.
Patriotic Millionaires, a group of 200-plus people making more than $1 million per year (including actress Edie Falco and economist Nouriel Roubini, among others), believe that America has been good to them and that it is their duty to give back. “[The government] provided a foundation through which we could succeed,” writes the group on their website. “Now, we want to do our part to keep that foundation strong so that others can succeed as we have.”
In an interview with The Huffington Post, Norquist felt the group only represented liberal interests.
“They were there with a heavy partisan message,” Norquist told HuffPost Thursday. “The kinds of arguments I got from these old people weren’t interesting when I was 12, the left has not advanced. These guys are Democratic Party hacks.”
The six millionaires who met with Norquist on Wednesday were part of a larger effort by the group to convince super committee members and other influential lawmakers that the richest Americans deserve a tax hike, arguing specifically that the highest earners should pay 39.6 percent in taxes, up from the current 35 percent.
Of course, that would mean letting the Bush tax cuts on the wealthy expire. Republicans will pull the trigger on the deficit commission rather that let that happen.
In which case, good. That’s what needs to happen anyway.
