Billionaire Warren Buffett has called upon the wealthy, like himself, to start paying their fair share of taxes, including capital gains taxes at a higher rate, as most of them do not work and do not pay federal income tax on a job, as we all do! Buffett says that he should pay a higher level of taxes than his secretary does, and he is ABSOLUTELY CORRECT!
It is about time that this occur, and yet, Rick Perry says that the half of the population who do not pay federal income taxes should start paying, conveniently forgetting that they do not make enough income to be able to survive as it is!
Plus, the poor DO actually pay many taxes, including state and local income and sales taxes, gasoline taxes, and payroll taxes on Social Security and Medicare!
Why should those who have stocks and bonds be able to avoid the rate of taxation that middle class working Americans pay on their employment income?
With 14 and a half months to go to the Presidential Election of 2012, the clear cut differences are drawn, for all who have any brains, intelligence, and sense of social justice, to see clearly!