I want to get information to CBS Independant News Reporter Scott Pelley, Please help.
I recently switched from watching “pretty boy” Brian Williams – his news delivery is like a broken record – to Scott Pelley thinking the evening news would improve. Not! Last night Pelley did 10-minutes on gay marriage. OK, that’s news, that’s important but there has been for instance absolutely no coverage on the John Edwards trial. Nothing? So, I’m going fulltime to ol’ Shep Smith on Fox. At least he’s got a sense of humor.
From the IRS Statistics of Income Division report for 2007 dated July 2009, there were 392,220 taxpayer returns with $1 million and over in adjusted gross income. This group was .3% of all taxpayers and had combined income of $1,401,087,152, which was 16% of all income. The effective tax rate paid was 22.1% by this group. If the minimum tax was 30% under a new Buffet Rule, the difference would be 7.9% in additional taxes which would yield $111 billion per year in additional revenue. This would not fix the deficit but would help reduce the deficit. I am self employed and paid over 30% in taxes when I was working full time. Yes, I want the millionaires to pay a share equal to mine. The Buffett Rule is a fair tax proposal. It is not an attack against the rich. It is just a way they can pay their fair share. I have heard respected “talking heads” say that the Buffett Rule would just result in a few billion additional dollars per year. Where do they get their figures?
I can send you the supporting data for my figures if you would like.
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Pelley is true to his name – a clown. He thought he was right about “the rule of Law’. However, Speaker Gingrich was correct and Pelley was petty – ie. stupid.
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