Doonesbury Say What?

[thewayne]

"A Quinnipiac University poll this year showed nearly two-thirds of those with household incomes of more than $250,000 a year support raising their own taxes to reduce the federal deficit."
-- from WSJ story

I would imagine Congresscritters weren't included in that survey, and if I recall correctly, pretty much every member of said institution (and wouldn't it be great if they were institutionalized!) is in that income bracket.

Here's the story: http://blogs.wsj.com/wealth/2010/09/20/tax-me-more-says-wealthy-entrepreneur/?mod=rss_WSJBlog

And here's an interesting quote from said story: An op-ed piece in the Los Angeles Times by Garrett Gruener, an entrepreneur and venture capitalist, makes two important points about taxing the rich. (Mr. Gruener founded Ask.com and is the CEO of Nanomix and is a co-founder of Alta Partners, so he’s got street cred.)

First, he says tax rates don’t make or break the success of an entrepreneur – or the jobs he creates. He says he’s paying the lowest rates of his working life. But “if you want the simple, honest truth, from my perspective as an entrepreneur, the fluctuation didn’t affect what I did with my money. None of my investments has ever been motivated by the rate at which I would have to pay personal income tax,” Mr. Gruener writes.

I don't have a cite for the survey mentioned, but I'm going to look for it. I'm interested in how big the sample was and what other questions they asked.

Comments

[silveradept]

It's the argument that the stimulus should have been bigger and done more for infrastructure. Perhaps now that it's people other than the government and academics arguing it, both sides will be able to get it done properly?

[thewayne.livejournal.com]

To quote Wayne's World, "Yeah, and monkeys might fly out of my butt!"

I'm sure it'll be largely ignored in the halls of government.