TAX THE RICH IDEA

Tax The Rich
by Lee S Gliddon Jr

We have heard Obama all but screaming, "tax the rich...' This is his mantra and his claimed goal.

What if we took away his argument? What if we proposed, in Congress, not only a plan to tax the rich, but to slam shut the loopholes utilized by those earning incomes above the $250,000.00 level that Obama had\s proposed?

The GOP sets forth the argument that, 'raising taxes on those earning an excess of $250,000.00 would stop small businesses and the earners that create the goods needed by everyone.'

With these thoughts in mind I ask that you consider this plan and, if you want, add ideas of your own for all to consider.

Plan 1. Tax the Rich: Set a tax rate that is imposed on people earning an excess of $250,000.00 that do not WORK for their income. WORK is to be identified as 'gainful employment that is attended on a regularly scheduled basis the is productive and requires no less that 30 hours weekly.