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'Patriotic Millionaires': Raise Our Taxes

A handful of the wealthy form fiscal responsibility club

By Kevin Spak,  Newser Staff

Posted Nov 19, 2010 12:31 PM CST

(Newser) – Some of the country’s richest people are asking President Obama to raise their taxes. More than 40 millionaires have signed onto a group called “Patriotic Millionaires for Fiscal Strength,” advocating a rollback of the Bush tax cuts for anyone earning more than $1 million a year. “We are writing to urge you to stand firm against those who would put politics ahead of their country,” they write in an open letter on the website they launched today.

“We have done very well over the last several years,” they continue. “Now, during our nation’s moment of need, we are eager to do our fair share. We don’t need more tax cuts.” The group was hastily pulled together by the Agenda Project (best known for its 'f*ck tea' campaign), according to Joe Conason of Salon. Predictably, not every fat cat they approached wanted in. “Anyone who has money is made to feel that they’re bad,” complained one, while another dismissed the tax cuts as “small potatoes.”

Some millionaires are willing to throw money the government's way.
Some millionaires are willing to throw money the government's way.   (Shutterstock)
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COMMENTS
Showing 3 of 122 comments
Naked_Emperor
Nov 20, 2010 10:58 AM CST
Why doesn't this article tell us how much money these 40 people have voluntarily given to the IRS?
TopsyKrets
Nov 20, 2010 9:45 AM CST
This is the first headline that has made me proud of rich people in America in a long time. If they genuinely want to help the country, then fire the corrupt senators who are ONLY looking out for corporate millionaires! Millionaires need help too, but they damn sure aren't the first priority of places that our money needs to go to.
Dave
Nov 20, 2010 7:16 AM CST
CNN Poll - 64% want tax cuts for the rich ended - Repub Rep. Schock denies reality http://thinkprogress.org/2010/11/18/schock-64-percent-cuts/ _________________________________________________ With video and transcript Watch this repub tell Blitzer with a straight face that the poll doesn't mean anything and he knows what americans want
 

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