Christie says "Shut up!"
by Chris Piascik
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Earlier in the week, NJ Gov. Chris Christie said that Warren Buffett should “Shut up,” regarding Buffett’s call for tax fairness. Buffett has proposed modest tax increases on the wealthiest people in this country—who already pay a lower percentage than the middle and lower-income population. You know, the other 99% of us. Republicans like Christie love to pretend that they care about the deficit. Raising the taxes on the wealthy just to the point where they pay the same percentage as the rest of us would bring in a tremendous amount of money. Christie went on to say that Buffett should just write a check if he wants to pay more. The problem is not that certain individuals want to pay more but can’t—we’re dealing with a much bigger issue wherein we need to increase revenues substantially. A few people contributing here and there is going to be a drop in the bucket compared to a small increase among all of the wealthy—namely those making over $1million per year. And let’s be honest, who’s going to pay more just because they can?