A different take on "giving back"

[hedgehog]

"Take a breath and consider this: There are approximately 44,000 New York taxpayers with incomes more than $1 million a year -- that means they earn more than $20,000 per week. They claim an astonishing $225 billion each year, a full quarter of all income in the state. In other words, this elite club takes in more than New York's entire middle class, the 2.5 million households earning between $50,000 and $150,000 a year. The inequality in wealth that results is even more astonishing.....

For every $500,000 you earn, you give back to New York -- because that's all taxes are -- one day's pay (about 0.4 percent of your income). Make $1 million, give back two days pay. Lucky enough to make $2.5 million per year? That's five days' pay, or a week's salary. But remember, you still have another 51 weeks at $50,000 per week to get that $2.5 million. We can cap the number of days when we get to $10 million..."

More at:


http://www.workingfamiliesparty.org/issues/budget.html

[ayeshahaqqiqa]

1. Hey, I'll donate a day's pay

which is $64 gross.

[hedgehog]

2. I never understood why "giving back" means signing your life over to the military

or else doing volunteer work to step in where government has failed (like picking up the pieces in NOLA) but never includes paying a fair share of taxes.

If you're rich, it's in your best interest to pay some taxes to ensure that no one is too poor. Otherwise you live with body guards and barbed wire, always watching out for the kidnappers and thieves.