OK, go ahead and read this article. It has a kind of nice 'Robin Hood' feel to it. From Yahoo: House Democrats are proposing a tax surcharge on millionaires to pay for a big increase in education benefits for veterans of the war in Iraq, lawmakers said Tuesday.Wait, here's my favorite:
"What we're talking about is a one-half percent income tax surcharge on incomes above $1 million," said Rep. Mike Ross, D-Ark., a leader of the Blue Dog group. "So someone who earns $2 million a year would pay $5,000. ... They're not going to miss it."
They're not going to miss it? Hell, they're going to revolt! Not that I don't agree with the measure and I do believe the current GI Bill is due a massive overhaul to keep pace with the high cost of a 21st century education. However, a discriminitary tax against the wealthy is probably not the way.
I predict this goes nowhere.
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