I make considerably over the 250,000 limit that Obama seems to want to tax to the hilt. I do not debate that through my hard work, 70-80 hour weeks, months away from my family and children I have managed to ensure a comfortable lifestyle for my family (which for the record is the American dream, not something to be lambasted) However also consider that I have 2 children in college who will receive no financial aid whatsoever, they will soon also be going ahead to graduate school, I have extremely high housing costs, my financial portfolios are under strain due to the wider markets and there are costs that have become institutionalized and that I would never press my family to scrimp on (and why should I??) For all this I deserve to be taxed even more? I already without no qualms (unlike the super-wealthy Donald Trumps of the world whom you associate us all with) about paying my already exorbitant tax burden while receiving few, if any tangible economic benefits from the government. I do this because I understand that I can afford to pay more than others and so it should be in a caring society.
It is however not fair to abuse that for populist gain.
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I make considerably over the 250,000 limit that Obama seems to want to tax to the hilt.
Sep 02 15:08 pm
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All Comments by OracleofOmaha »On Being Rich [View article]
I do not debate that through my hard work, 70-80 hour weeks, months away from my family and children I have managed to ensure a comfortable lifestyle for my family (which for the record is the American dream, not something to be lambasted)
However also consider that I have 2 children in college who will receive no financial aid whatsoever, they will soon also be going ahead to graduate school, I have extremely high housing costs, my financial portfolios are under strain due to the wider markets and there are costs that have become institutionalized and that I would never press my family to scrimp on (and why should I??)
For all this I deserve to be taxed even more? I already without no qualms (unlike the super-wealthy Donald Trumps of the world whom you associate us all with) about paying my already exorbitant tax burden while receiving few, if any tangible economic benefits from the government. I do this because I understand that I can afford to pay more than others and so it should be in a caring society.
It is however not fair to abuse that for populist gain.