Tuesday, September 14, 2010

The rich can afford higher taxes.

It was refreshing to hear John Boehner say he would vote for a tax cut for the middle class even if it was not extended to the rich, the New York Times declared today in an editorial. But not a single G.O.P. leader has backed him. Which is sad. We need to cut the huge budget deficit. And one way of putting a significant dent in the deficit is to ask each millionaire to kick in an additional $100,000 or so in taxes. They can afford it. It would bring $700 billion a year into the federal coffers. --Jim Broede

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