Tuesday, October 20, 2009

Oscar Mayer Heir Says Raise My Taxes

Chuck Collins, senior scholar at the Institute for Policy Studies and an heir to the Oscar Mayer fortune, says the those making more than $250,000, 2.5% of taxpayers, should be taxed more. The CEO of Netflix Reed Hastings and former president of Starbucks Howard Behar also say the rich should be paying more in taxes. "We've been shifting the tax obligations off the wealthy on to middle income taxpayers," Collins said. Watch here.