Dozens of America’s wealthiest taxpayers – including hedge fund legend Michael Steinhardt, super trial lawyer Guy Saperstein, and Ben Cohen of Ben & Jerry’s fame – have appealed to President Obama not to renew the Bush tax cuts for anyone earning more than $1 million a year. Joe Conason Read Quote
The Patriotic Millionaires campaign, pulled together quickly by the Agenda Project in New York City, just happens to appear on the same day as a new study from the Center for Responsive Politics revealing that half of the members of the House and the Senate are millionaires. Joe Conason Read Quote
Not surprisingly, some of the super-rich declined to join the Patriotic Millionaires when the Agenda Project reached out to them. At least two airily dismissed the Bush tax cuts for millionaires and above – which will cost well over $700 billion over the coming decade – as small potatoes. Joe Conason Read Quote
