Monday, November 14, 2011

Is It Shame?

Yes, another pause. :)

A recent poll indicated that 63% of those making a million or more dollars a year are in favor of increasing their taxes to stabilize government financing and help the country. Does that mean shame is having an effect? I don’t know.

Peter Peterson, the Nebraska billionaire, says that BOTH spending reductions and tax increases should be on the table (must be something about Nebraska—Buffet’s from there too—that gives people common sense). Tom Coburn, Repub Senator from OK, said something like the same thing, although he later qualified his statement a bit.

Peterson: “I believe the well-off like me can afford to shoulder higher taxes and reduced benefits. We have a duty to give back to the country that helped us achieve the American Dream, by passing on a healthy economy which ensures that all Americans have the resources and opportunities to pursue their own success.”

In Peterson’s case, he said these things BEFORE all the hoopla of the Occupy movements.

MAYBE it’s a start. Way too early to tell.

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