The ones who are being disproportionately taxed these days are the rich. Edwards and other Democrats enjoy their roles as modern-day Robin Hoods - except that the people they are stealing from didn't get their money by extorting the poor, but from hard work and smart investments. People who work hard and profit handsomely from their labor have an unfair advantage over everyone else, so they must be punished by higher taxes, which means that they have less money to invest in capital ventures that could end up benefiting many other people by creating more employment, etc. Please make checks payable to me, as it would level my playing field quite nicely. "It's the only way to fund the things that need to be done."Įxcess profits? Since when is the likes of Edwards, who made his fortune off of suing the pants off of doctors, the arbiter of what constitutes excess profits? If that's the case, I'd like to suggest that trial lawyers who make more than $200K per year be subject to an "excess profit" tax.
"It's just the truth," Edwards said during a news conference following his speech to the California Democratic Party convention. He also said he would consider taxes on "excess profits," including those made by oil companies.Įdwards said it was more important to level with voters than to worry about the political consequences of advocating higher taxes. | 2008 John Edwards Considers Taxing Wealthyĭemocratic presidential contender John Edwards said Sunday he would consider raising taxes on corporations and the wealthy to fund programs such as universal health care.Įdwards has long said he wants to repeal the tax cuts on upper-income earners enacted during the Bush presidency, but Sunday he seemed to go further, by saying he was open to raising them higher than they were before George W.
0 kommentar(er)
