The Occupy Movement seems to have spawned an odd backlash from rich people who are saying they want to be taxed more. In the United States both Warren Buffet http://www.cbsnews.com/8301-503544_162-20092380-503544.html and Bill Gates http://www.mediaite.com/online/bill-gates-endorses-raising-taxes-on-the-rich-thats-just-justice/ have made this claim publicly. In Canada, last week, a group of doctors is saying the same thing http://ca.news.yahoo.com/mds-propose-tax-increases-wealthiest-canadians-starting-100-040307538.html
While I think that it’s great that there are rich people who are on board with paying higher taxes, what I wonder is…
WHAT’S STOPPING YOU?
What’s stopping you from writing an additional cheque to the government above and beyond your current tax payment along with a note stating that this is an additional tax payment because I am rich and feel that I should be paying more? Or even go one further and let the government know what you would like this additional cheque to go towards, like healthcare, the deficit, defense etc.
I can’t imagine that either government would turn down the extra cash and you could be proactive instead of just complaining that you’re not currently paying enough.
It’s all well and good to propose tax plans for yourself and your cronies when you know that your government likely won’t take you up on your offer, but why not put your money where your mouth is? Sure, the publicity your getting now is creating some good will, but imagine what kind of good will actually doing something would create.
4 thoughts on “What’s stopping you?”
While I agree with much of what you said, I have a slightly different view of the intentions of Misters Buffett and Gates. If true intention was to give the government greater control over their personal wealth, the check would already be written. In reality, the wealthy who advocate for higher tax rates do not want to be taxed themselves so much as they want to divert a greater proportion private production to the public sector. The ‘raise my taxes’ stance is only a pithy headline belying their true intentions.
Mr. Buffet and his compatriots should avail themselves of this handy page whilst they wait for the government to increase taxes on the wealthy.
Indeed, actions speak louder than words!
It’s an interesting idea. But, as a Canadian living in the US since 1988, I know that Americans really loathe and distrust much of their government and, if they have $$$$, will hand it to charity or to some politician they think is buy-able.