Tuesday, May 1, 2012

Stephen King: "Tough Shit;" Tax the Rich

Author, and 1-percenter, Stephen King wrote an Op-Ed piece into Newsweek/The Daily Caller yesterday castigating the calls of some prominent Republican legislators (he specifically calls out New Jersey Gov. Chris Christie) to such 1 %'ers as King, as Warren Buffett, as Bill Gates, and many more, to just write a check to the IRS and "shut up" instead of questioning why their tax rates are so low and demanding politicians raise their rates to fix the fiscal mess plaguing the country.

King, ostensibly insouciant to any political fire that may result, pulls no punches in his argument for increased taxes on the wealthy, and seems particularly disdainful of Christie's "rudeness." What I think is important here is that even though Democrats have (for now) lost the vote on President Obama's "Buffett Rule," some people are not done having this debate.

"Tired of hearing about it, they said," King paraphrases opponents to the rule.
"Tough shit for you guys, because I'm not tired of talking about it."

King goes on to explain that yes, he and many other (even the Koch brothers) charitable, wealthy 1 %'ers already give millions in donations every year, but it's simply not enough.

"What charitable 1 percenters can’t do is assume responsibility—America’s national responsibilities: the care of its sick and its poor, the education of its young, the repair of its failing infrastructure, the repayment of its staggering war debts. Charity from the rich can’t fix global warming or lower the price of gasoline by one single red penny. That kind of salvation does not come from Mark Zuckerberg or Steve Ballmer saying, “OK, I’ll write a $2 million bonus check to the IRS.” That annoying responsibility stuff comes from three words that are anathema to the Tea Partiers: United American citizenry." [Emphasis not mine.]

You can read the entire article here.

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