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Joe Scarborough: It Is 'Immoral' For Richest Americans To Pay 15% Tax Rate (VIDEO)


US Politics & Gov't  (tags: republicans, government, taxes, americans, Joe Scarboroughethics, economy, media )

CarrieSIC
- 703 days ago - huffingtonpost.com
In a move that will surely rankle his fellow Republicans, Joe Scarborough criticized the GOP's tax policies and argued that wealthy Americans should pay more taxes on Monday's "Morning Joe."



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Comments

Roseann D. (178)
Monday November 26, 2012, 10:42 am
Wow! Morning Joe has woken up and smelled the coffee!
 

Shelly Peterson (213)
Monday November 26, 2012, 11:13 am
Good one, Roseann!............early this morning , I read an article, that said that more & more Republican Congress/Senate are saying that the top 2% should pay more, after being polled last week.....I think it was like 56%, now say yes.
 

Kit B. (276)
Monday November 26, 2012, 11:13 am

I wouldn't get too excited about this. It's the new strategy, the republicans will support a tax increase (slight increase) if the democrats agree to massive cuts in Social Security and Medicare. I say "NO" that is not what we voted for, and not dealing with the needed changes. For now Social Security is fully funded through 2035, more funding can come from increasing the tax base by having everyone make a contribution to Social Security and Medicare, whether they use it or not. Questions? Check the Social Security web-site or many other sites with factual information.
 

Chris C. (151)
Monday November 26, 2012, 11:13 am
Good for Joe - it's about time he stopped embarrassing himself!
 

Roseann D. (178)
Monday November 26, 2012, 12:45 pm
Good point Kit. I know the GOP is relentless on this issue. The 99% has already sacrificed and compromised enough...We bailed out Wall St. and the big banks. Now it's their turn to do all the compromising. A token offering is not good enough. We shouldn't have to pay anymore for the mess that Wall St and the banks got themselves and the rest of us into.
 

Lois Jordan (56)
Monday November 26, 2012, 5:40 pm
Noted & thanks for posting, Carrie. Kit is absolutely right. Social Security is NOT broken. I say take off the cap completely so that those who are making $5 Mil. or $50 Mil. are paying their fair share. I've read that The Fed borrowed millions from the Soc. Sec. Trust Fund to fund the two wars and hasn't paid this back yet. Morning Joe's always talking out of both sides of his mouth....I don't pay him much attention.
 

Susanne R. (249)
Monday November 26, 2012, 7:01 pm
I respect Joe Scarborough for admitting the obvious, but why didn't he do it BEFORE November 6th? Mitt may be one of the country's biggest beneficiaries of that ridiculously low tax rate on capital gains...
 

Jennifer C. (172)
Tuesday November 27, 2012, 4:34 am
Thanks.
 

Nancy M. (202)
Tuesday November 27, 2012, 6:52 am
"Scarborough further criticized, "Why are we fighting and risking our majorities protecting billionaires that are hedge fund guys who are paying 14 percent tax rates?"

He continued, "There's something immoral about these people paying fourteen, fifteen, sixteen percent of their taxes because the tax rates are the way they are while small business owners who make $250,000 a year in Manhattan and may employ four people are paying a 35% tax rate.""

Yes, why indeed. That's what many of us have been wondering for years.

Sounds more like jumping on the bandwagon to me.
 

Edwin M. (356)
Tuesday November 27, 2012, 11:23 am
Yeah Joe, now that several republicans have jumped ship and criticized the grover norquist pledge and the unfair tax rates you can safely join the crowd and voice your opposition. It would have sounded a lot more courageous if you had voiced this opinion a year ago.
 

Teresa Cowley (274)
Tuesday November 27, 2012, 1:16 pm
There should be no compromise--and I seriously doubt that any repug has "seen the light" of fairness and truth--these guys will say and do anything to keep their money--they certainly shouldn't be trusted!
...and, what about this "pledge" the repugs signed with grover norquist--these were OUR representatives, sent to Washington BY their constitutents, to protect the interests of their people--seems to me this is hughly deceptive if not down-right illegal!
Thanks for the post, Carrie.
 

Pat A. (116)
Thursday November 29, 2012, 6:29 am
Oh dear - Kit, I fear you are right - and I was feeling optimistic. Ah well then - we must just try harder and argue more vehemently and with the facts at our fingertips..... do not give in - under President Clinton they paid more tax and did extremely well - as did the economy! Bring back those days....!
 

Gene Jacobson (256)
Friday November 30, 2012, 11:03 am
"Scarborough further criticized, "Why are we fighting and risking our majorities protecting billionaires that are hedge fund guys who are paying 14 percent tax rates?"

He continued, "There's something immoral about these people paying fourteen, fifteen, sixteen percent of their taxes because the tax rates are the way they are while small business owners who make $250,000 a year in Manhattan and may employ four people are paying a 35% tax rate."

Well he's right about this part for sure. There IS something fundamentally immoral about the effective tax rates the wealthiest among us pay all the while loudly clamoring for even more breaks at the expense of the middle class. And he's right about small business owners too. All of which means he'll be excoriated on Fox and on Rush's show for breaking ranks. Won't help that he is right. I agree with the idea, and have said so before, that the artificial cap on contributions is a huge part of the problem and should be eliminated. The sooner the better.
 

Suheyla C. (229)
Friday November 30, 2012, 5:28 pm
Thanks
 
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