Tag: patriotic millionaires

Terry Barr, millionaire president of Samson Oil recently held a little party in Denver to raise money for Republicans. No surprise there, but when it was over, he told a New York Times reporter that the government should raise his taxes.

In response to the polarized political battle stalemating U.S. budget negotiations in the Tea Party era, a group of several dozen of the very wealthiest Americans wrote to ask Congress and President Obama to raise their taxes. Millionaire Republican Senator Orrin Hatch wrote back, dismissing their view of government finances and reminding them that they are free to donate as much money as they want to the government.

Today the Patriotic Millionaires for Fiscal Strength slammed Sen. Orrin Hatch (R-UT) for comments he made Thursday ridiculing ‘rich liberals’ calls to raise taxes on millionaires like themselves.

As Tax Day looms, several recent reports serve as reminders that the wealthiest Americans give up far less of their income in taxes than the rest of the country.