Sen. Frank Lautenberg (D) NJ, has about 50 million, so …… Is he going to volunteer for his program? 😉
*Update: The videographer made a correction at Youtube, as it appears that Lautenberg tried to say waste.
The title here stands, because we always have less of whatever is taxed, and that includes the rich. See also the Warren Buffett’s plan, which Lautenberg touts. This tax plan will eliminate the rich before Lautenberg actually addresses the government waste.
He clearly said "eliminate the waste" and the person who originally posted this admits he was wrong. Maybe next time, people will actually listen to the audio before attacking someone for something they did not say.
http://www.moremonmouthmusings.net/2011/08/19/lau…
I think the videographer turned up the sound……. Yep, looks like Lautenberg actually tried to say waste.
But I will leave up my comment because it still works. Will Lautenberg volunteer for his program?
He has so much to give…… his 50 million.
And when will he start to address the government waste?
Buffett, whom Lautenberg quotes, has suggested to tax the rich, but they don't have enough money to address Obama's debt.
Speaking of debt:
1) Cost to the US Treasury of not making budget provisions to pay for the two wars in the early 2000's = $1.2 trillion+ (and growing)
2) Cost to the US treasury of the part of the Bush Tax cuts (50%) that went to families making over 385k/year $1 trillion+ (and growing)
So on just those two items along you have $2.2 trillion in national debt and growing.
Everytime in our nations history, when the country became involved in a war, taxes were raised to pay for it….here the tab is being passed onto future taxpayers since millionaires and billionaires have been exempted from contributing even one additional penny to help our country.