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Saturday, February 25, 2012
Geithner: 'Privilege of Being an American' Is Why Rich Need Higher Taxes
"That’s the kind of balance you need," said Geithner. "Why is that the case? Because if you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to -- the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security."
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5 comments:
Democrats are the NAZI party.
Would someone please drug test this guy. If you understand what he said please explain it to me. Thanks.
What was his excuse for not paying his?
All of Obama's cabinet had'nt paid their taxes when he picked them-now that's un-american!
The only way to tax the super rich is to tax their charitable foundations they live through and that will never happen.So taxing the super rich is total BS.
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