A response to Wolfe Blitzer: "Taxing the rich for healthcare reform"
July 22, 2009 | Clearwater, Florida | Vetting explained
Wolfe, during yesterday's show you hosted a discussion about taxing the very rich to partly finance healthcare reform. An example was mentioned as follows:
A couple earning $1.5 million annually is presently paying some $560,000 in taxes. Taxing their $1.5 million would add an approximate $65,000 to their tax liability annually. What I find insensitive is that after paying $560,000 in taxes this couple lives on $940,000 per year. Subtracting another $65K leaves them with a pitiful $885,000 per year with which to support a lavish lifestyle by Main Street standards.
Moreover, the number of $25,000 per year jobs that fit into $885,000 per year is thirty five. It is aberrantly insensitive to even make such a comparison as if suffering Main Streeters should feel sorry for the selfishness of millionaires who object to sacrificing for the good of those uninsured masses who are either directly or indirectly responsible for their way-above average incomes.
Wolfe, sometimes I wonder whose side you and CNN are on?????? It sure sounded to me that you are supporting and feeling "empathy" for the wealthiest of Americans
- Posted in Assignment:
- House passes health care bill
iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.
What is iReport?
-
Share
Tell a story, offer an opinion, say what's important to you.
-
Discuss
Join the conversation on the day's big issues.
-
Be heard
The best iReports get vetted and used on CNN platforms.
The label “Not vetted by CNN” lets you know that this story hasn’t been both checked and cleared by a CNN editor.
iReport stories that have a red "CNN iReport" stamp in the corner have been vetted and
cleared. That means they've been selected and approved by a CNN producer to use on CNN,
on air, or on any of CNN's platforms.







Comments