Porkers of the Month 11/2010: Sens. Tom Carper and George Voinovich!

Reason.tv presents Citizen's Against Government Waste's Porkers of the Month for November 2010:

Sens. Tom Carper (D-Del) and George Voinovich (R-Ohio)!

After spending gasoline tax revenue meant for infrastructure repair on pork projects, and diverting portions of the $862 billion stimulus meant for infrastructure repair to special interests, these two have proposed raising the federal gasoline tax more than 135 percent to pay for—you guessed it—infrastructure repair.

Congratulations Tom and George, you are Citizen's Against Government Waste's Porkers of the Month for November, 2010!

"Porker of the Month" is written and produced by Austin Bragg. Approximately 1.10 minutes.

For more info on Citizens Against Government Waste and the Porker of The Month, visit http://cagw.org.

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[moneyisneutral]

I'm against most government spending but I really can't oppose giving cocaine to monkeys. That's just completely awesome.

[MooseOfReason]

"That monkey is really jonesing for some more infrastructure."

Hahahahaha.

[th3gr8juan]

Also, we don't "pay" him an extra 30%. He keeps it. BIG difference. So what would he do with 30%? Put it into more businesses maybe?

[th3gr8juan]

@99butcher99 I don't know what would have been missed, but you should probably ask the people that used to work at Wachovia what is missed now that Wells Fargo took over. Or the people that used to work at Ford now that people buy Honda.

[99butcher99]

@th3gr8juan What would have been missed if Amex went under? Nothing. I would send my amex payment to Visa or MC or someone else. What good would him paying 30% extra make. Raise the rate and or get rid of all those exemptions for the rich. . Just getting rid of thetax cut for theadds 1.5 million dollars to the tax roll from Rush Limbaugh alone. Also, a mil from Beck, about $750,000 or so from Hannity and on and on.

[th3gr8juan]

@99butcher99 He is not doing anything of the sorts. If he was really putting his money where his mouth is, he would write the check and say "follow my example." So now instead of living by his own values, he wants the federal government to force people to take other people's money. You'll have to forgive me if I don't think of him as a martyr. And the American Express example is showing that in that one act, he probably did more for the economy than his secretary, or I, will ever do.

[99butcher99]

@th3gr8juan He is putting his money where his mouth is. He said the rates or the deductions should be removed. But not just for him, for everyone. And if he had not saved american express would we miss it or would someone fill the void? What is one more credit card company more or less?

[th3gr8juan]

@99butcher99 It's a simple answer. We can debate the merits of it, and whether it's right or not, but his earnings are from capital investment, not wages. So he gets taxed at a capital rate rather than income tax. I'm sure I'm not saying anything you don't know though. But again, there are two responses I have for Mr. Buffet. 1) Whatever tax he thinks he should pay, just write the check. And 2) his contribution is WAY more than his secretary's. He helped save American Express for crying out loud

[99butcher99]

@th3gr8juan Sorry, you are right. When you leave the words rate out it makes a big dif. BUT the question remains, why is someone making $46,000,000 paying 17.7% and someone making $60,000 paying 32%

[th3gr8juan]

"I'll bet a million dollars against any member of the Forbes 400 who challenges me that the average (federal tax rate including income and payroll taxes) for the Forbes 400 will be less than the average of their receptionists."

Tax Rate. Not tax dollars. And like I said before, he can easily cut out a bigger check. But he wants to go further than that. He wants to take a gun and make others pay higher taxes.

[th3gr8juan]

@99butcher99 Mr Buffett said that he was taxed at 17.7 per cent on the $46 million he made last year, without trying to avoid paying higher taxes, while his secretary, who earned $60,000, was taxed at 30 per cent.

17% of $46M is just slightly higher than 30% of $60K.

[th3gr8juan]

@99butcher99 If Buffet doesn't think he pays enough taxes, then let him cut a bigger check. Put your money where your mouth is. I won't be holding my breathe.