Chrispie Christie sez: 1% pay too much Tax!

[n2doc]

The richest 1 percent of Americans carry the biggest tax burden, which suggests the wealthy are taxed too much and it's time for "serious, across-the-board tax reform," New Jersey Gov. Chris Christie told CNBC on Tuesday.

The Republican governor appeared on "Squawk Box" the day after signing the state's budget, in which he vetoed more than $1 billion in tax increases. New Jersey's wealthiest 1 percent already pay roughly 41 percent of the state's total income tax, Christie said. If taxes were to rise, he fears high net worth people would simply pack up and leave the state.


"I have a constitutional requirement to balance the budget and I have a state that's already high taxed and I'm not going to raise taxes on the people in the state of New Jersey and drive more people out," said Christie.

more
http://www.cnbc.com/id/101804028

[malaise]

1. So he tried to loot the Port Authority

and for that and several other questionable acts, he's going down.

[CJCRANE]

2. No, it means the 99% should get higher wages.

The 99% will shoulder more of the tax burden when there's a living wage,

[hrmjustin]

3. Oh no! The poor and oppressed rich people pay too much in this nation. We should all feel ashamed!

[deutsey]

4. It's fascinating to watch people like Christie and Walker

dance so cravenly to the tune of their wealthy paymasters.

[BootinUp]

5. I don't know if that brazen cry for billionaires support will help him at this point. nt

[dickthegrouch]

6. So stop WASTING it!!!!

If the 1% pay too much, the 99% pay FAR too much.

The poverty line should be set at half the cost for two people to live in an apartment, feed themselves, clothe themselves, pay for their healthcare (currently) and get to work. It should be different in just about every county of the country and it should be changed as prevailing conditions dictate. No-one earning less than 150% of poverty subsistence level should be paying any tax at all. Everyone earning over 1000% of poverty-level should be paying a minimum of 50% in taxes.

MIC should not get more than 20% of all tax revenue.