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  • Approved for CNN

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    Posted July 9, 2012 by
    EWillies1961
    Location
    Kingwood, Texas
    Assignment
    Assignment
    This iReport is part of an assignment:
    Should the rich pay more taxes?

    More from EWillies1961

    Rich Must Pay More In Taxes - Middle Class Are The Real Job Creators

     

    CNN PRODUCER NOTE     EWillies1961 says people are misinformed by tax rates. 'The middle class is stressed out, and they are tired,' he says. He says the issue that needs to be addressed is the wealth disparity in America. 'Our economy is not self-sustaining because all the spending is at the top. If a 100 million people have more money, then they will spend more and buy more, but if one billionaire has all that money, they will not spend it all,' he says. 'Our economy needs spenders to be sustainable.'
    - Jareen, CNN iReport producer

    I wrote a blog today after listening to one of Romney’s donors disparage the working class as folks who are incapable of making an educated vote. I think it painted a interesting picture of the mindset of many of the wealthy in the Right Wing.

    The wealthy should pay more in taxes. They effectively pull more resources from society and our middle class is what gave them the wherewithal to be wealthy.

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