Please tax us, French super-rich tell government

(Reuters) - Some of France's richest people, including the billionaire heiress of L'Oreal SA and the head of oil major Total SA, urged the government to tax them more to help solve the country's financial problems.

http://in.reuters.com/article/2011/08/2 ... 2920110823

http://in.reuters.com/resources/r/?m=02&d=20110823&t=2&i=484789719&w=320&fh=&fw=&ll=&pl=&r=img-2011-08-23T174105Z_01_NOOTR_RTRMDNC_0_India-589229-2

The rich in the US should be asking for the same thing, soon, as long as it comes with spending cuts. We're in too deep a hole not to change the entire tax code now, from top earners to bottom earners. It's either increase taxes, or lose the country. We're running out of other options with our fiscal obligations, whether I think all the obligations are necessary, or not

I don't know how much faith I should put into that heiress since she was recently busted for illegal campaign donations.

Oh, you mean like these guys?

Railroad CEO charged with campaign law violations; accused of funneling illegal contributions to Scott Walker through employees

A major donor to Gov. Scott Walker was charged Monday with funneling more than $60,000 in illegal campaign contributions through his railroad employees over five years.

David Vitter Took Illegal Campaign Donations: Watchdog

WASHINGTON — An ethics watchdog group filed a federal complaint Thursday accusing Republican Sen. David Vitter of accepting illegal campaign contributions from a California dry cleaning company that wanted stimulus money.

The group Citizens for Responsibility and Ethics in Washington called the donations a "conduit contribution scheme" used by a private company to curry favor with the Louisiana lawmaker facing re-election this year. It asked the Federal Election Commission to investigate and penalize Vitter and the company.

Questions have swirled around a fundraiser Vitter held with executives of U.S. Dry Cleaning Corp., since The Times-Picayune reported recently that company officials and their spouses gave him nearly $40,000 last year.

FEC Lawyers: GOP "Super-Duper" PAC Is Illegal
The nation's campaign finance watchdog tosses cold water on the latest scheme from the conservative lawyer behind Citizens United.

Foreign-Based Koch Subsidiary Caught Making Illegal Campaign Contributions

When the US Supreme Court obliterated most campaign finance regulations in its ruling on the “Citizens United” case in January of 2010, many observers warned that the decision could lead to foreign corporations pumping money into American elections, among other serious consequences.

Now, well over one year later, we find out such a scenario did come to pass; a foreign subsidiary of an American multinational corporation contributed tens of thousands of dollars to American candidates and political organizations — as many as five years before the Supreme Court’s controversial decision. And the corporation involved is none other than Koch Industries.

According to reports and filings with the FEC, a foreign-based subsidiary of Koch Industries, the second-largest private corporation in the country run by two major conservative financiers, admitted to illegally contributing over $25,000 to political campaigns and political committees between 205 and 2009, well before the Citizens United case opened an even wider portal for corporate money to be funneled into American elections.

Yeah, I can understand your concerns.... :Whistle

Nothing is stopping these rich bastards from sending in all their money today, like right now! Why wait for the government to pass higher taxes when these idiots can just send it all in now. My guess is that there is somthing else going on here, like a little brown nosing. And that goes for Warren Buffet too- stop bitching and send it in warren!

RCCL wrote: The rich in the US should be asking for the same thing, soon, as long as it comes with spending cuts. We're in too deep a hole not to change the entire tax code now, from top earners to bottom earners. It's either increase taxes, or lose the country. We're running out of other options with our fiscal obligations, whether I think all the obligations are necessary, or not

How bout cutting spending- ever think of that?

BearMtnHIB wrote: Nothing is stopping these rich bastards from sending in all their money today, like right now! Why wait for the government to pass higher taxes when these idiots can just send it all in now. My guess is that there is somthing else going on here, like a little brown nosing. And that goes for Warren Buffet too- stop bitching and send it in warren!

RCCL wrote: The rich in the US should be asking for the same thing, soon, as long as it comes with spending cuts. We're in too deep a hole not to change the entire tax code now, from top earners to bottom earners. It's either increase taxes, or lose the country. We're running out of other options with our fiscal obligations, whether I think all the obligations are necessary, or not

How bout cutting spending- ever think of that?

Emphasis mine

I'm not saying taxing the rich is the solution, but what I am saying this that being fiscally responsbile this late in the game requires Replubicans, Democrats, the Tea Pary, and independents to put down the myopic focus they each have on their own issues and concerns, and realize that everyone has good solutions, and it's time to combine them.