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40 "Patriotic" Millionaires Call for Their Tax Cuts to Expire

avatar By Jeanne Goddard

20 Nov 2010 12 views
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40 "Patriotic" Millionaires Call for Their Tax Cuts to Expire
Dozens of America's wealthiest taxpayers -- including hedge fund legend Michael Steinhardt, super trial lawyer Guy Saperstein, and Ben Cohen of Ben & Jerry's fame -- have appealed to President Obama not to renew the Bush tax cuts for anyone earning more than $1 million a year.

Dozens of America's wealthiest taxpayers — including hedge fund legend Michael Steinhardt, super trial lawyer Guy Saperstein, and Ben Cohen of Ben & Jerry's fame — have appealed to President Obama not to renew the Bush tax cuts for anyone earning more than $1 million a year.

Calling themselves "Patriotic Millionaires for Fiscal Strength," the 40-plus signers today launched a website and a campaign that they hope will draw support from others who agree that fiscal responsibility should begin with those who can best afford it — as their letter to Obama explains:

"We are writing to urge you to stand firm against those who would put politics ahead of their country."

(READ more at ABC News)

Calling themselves "Patriotic Millionaires for Fiscal Strength," the 40-plus signers today launched a website and a campaign that they hope will draw support from others who agree that fiscal responsibility should begin with those who can best afford it — as their letter to Obama explains:

"We are writing to urge you to stand firm against those who would put politics ahead of their country."

(READ more at ABC News)

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