Saturday, August 27, 2011
Our own Henry Bloch says he's willing to pay higher taxes, too
Yes sir, our very own Henry Bloch of H & R Block, of course, says he, too--like Warren Buffett--would be, no, is in favor of him and other millionaires paying more in higher taxes, for the good of his--our--country. Check it out: In an interview with Fox 4 News, Mr. Blochsaid that “the wealthy have a debt to this country. They can afford to pay it and they should.” He then added that the Republican push to protect tax breaks for millionaires in order to create jobs is “baloney”: “That’s so baloney,” Bloch said. “Rich people don’t create jobs. Companies create jobs. You probably pay a higher rate than I do… and yet my income is probably many times what yours is.”
Keeping in mind that, as the article points out, Mr. Bloch is also a lifelong Republican, too. So, to all of that, I say, first, thank you, Mr. Bloch, for your statements, honesty and truth. Second and finally, I have to say it makes me even more proud to be a Kansas Citian. Have a great weekend, y'all. Go to a 50th birthday party or something. Link to original story: http://www.addictinginfo.org/2011/08/27/millionaire-owner-of-hr-block-wants-to-pay-more-taxes/
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4 comments:
And why would anyone wanna do THAT? First of all, from whatever money is left over after collecting all the taxes via the IRS, it ONLY goes to paying interest to the Federal Reserve (at a whopping 36 Million Dollars an hour) or to the re-distribution of wealth in the US. NONE OF IT goes to the running of the country! EVER. - "the Grace Commission Report, 1984"
Well, Paul, glad you asked.
The reason why we'd want to do THAT (raise the taxes of the wealthy--and it's by 4% is all, too, to be clear) is so we can pay the bills Dubya' ran up during his reign of terror, I mean presidency, that's why.
That and do away with tax subsidies to "Big Oil" who already makes so much money it's obscene and, finally, do away with tax credits for taking manufacturing or other business offshore, so a) we do have more money to pay off the bills Dubya' ran up and so b) we bring the manufacturing and business and jobs (remember those?) back to the shores of the country.
THAT'S why, Paul. Thanks for asking.
If tax revenue actually paid down debt, I could see your point. Beyond that, our current administration and Congress have added 7 (seven) times the spending and additional debt than that of the W years...THE most spending EVER in American history.
Actually, that's patently untrue. It's a widely held belief but this president did not add more spending in the history of this nation than any other. Check it out: US Federal debt increases by U.S Presidents: Reagan 186%; Bush I 54%; Clinton 41%; Bush II 72%; Obama 23%. Inconvenient truths, anyone? Source: Congressional Budget Office
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