Sunday, September 4, 2011

Stop Coddling the Super-Rich

I completely agree with what Warren E. Buffett says in this article when he says that the tax rate for the mega-rich is usually 15 percent and that the middle class has a different tax rate from 15- 25 percent. It is strange that they tax a bigger percentage to the ones that make less money and they tax a smaller percentage to the ones that make a hundred times more. It just does not make sense. If they would start giving less taxes to the average Americans and give more to the mega-rich, I believe that the economy would gradually get better because if the average Americans had a bit more money, they would go out and spend a bit more then what they do now. Also, there will be more funds for job creations and we all know what new jobs mean. I am Joe O'Neil and I approve this message.

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