Chuck Woolery On Taxing The Rich

http://www.SaveUsChuckWoolery.com Chuck Woolery's take on taxing the rich.

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[toddg562]

@MattWeiler45

The best-known result of the Bush tax cuts is that virtually all the benefits were conferred upon people who didn't need them at all and who didn't use the money to, say, create more jobs or pay their workers better. Median weekly earnings fell more than 2 percent between 2001 and 2007. Meanwhile, people making over $3 million a year, who account for 0.1 percent of taxpayers, got an average tax cut of $520,000, more than 450 times what the average middle-income family received.

[ArcticBuck]

Abolish the Income Tax. It’s unconstitutional to begin with. Ron Paul 2012

[bugg255]

@tdickensheets REALLY?? ..howzabout CUT ALL ENTITLEMENTS!!!!!!

[bugg255]

some people really do HATE the wealthy in this country..Why? ..because they work harder ...because they studied harder in school,instead of chasing tail and drinkin' beer and smokin' weed,they worked. If you are poor in this country,it's because of the choices you or your parents made...maybe you were "keepin it real,man"...whatever..don't begrudge people what they worked for ..it makes you petty and ignorant, on top mof already being lazy...

[Drumboy5165]

@toddg562 Probably because they make more, that's basic math. What % pays no income tax in America? So if one were to give a tax cut, to whom would it go? The people who pay income tax or those who do not? Go to the IRS website and see who pays the lion's share of the income taxes in America, then attempt to discuss the 'Bush tax cuts'.

[Rayz2cents]

Way to go Chuck! Hope you keep the videos coming.

FACTS: The top 1 percent of income earners paid 38 percent of all federal income taxes in 2008, while the bottom 50 percent paid only 3 percent. Forty-nine percent of U.S. households paid no federal income tax at all. The Top 10 Percent of Earners Paid 70 Percent of Federal Income Taxes.

[6mrbillybob]

Why is it that Mitt Romney pays $6.5 million in taxes and the Democrats say he isn't doing his part, but yet 47% of our citizens pay no federal taxes. Maybe we need to get a few bucks from the 47% before we ask more of the rich.

[tdickensheets]

Tax the rich!

[sidecar771]

@ArcticBuck You've never really read the Constitution....have you?

[mumbleora]

Have do donated yet Chuck? I thought we were all in this together, do do your part too.

With all the tax breaks you get as a millionaire compared to the taxes others support the nation with, you're welcome to prove yourself worthy of being adressed as. ...My Fellow american!!

[00MCH200]

@onsitestudios: you could look this up on your own if you really wanted to know the answer but the tax paid on interest is a double tax of sorts. See, the money that was invested to gain the interest in the first place was already taxed at regular earnings rates. The reason investment earnings are taxed lower is to keep money flowing. If you want to tax investment gains higher it's only going to discourage investments which means less money for the banks to loan out.

[bdgrinphx]

@onsitestudios I don't know what "guy" you are talking about. I would have to know the specifics. Interest income is taxed at the ordinary income rate. Based on this amount, it would be 35%. Are you referring to income from dividends by chance?