Taxes are something most of us have to deal with at this time of year – unless you're like Mitt Romney, and you get an extension until who knows when. And while Republicans may be losing the overall argument that the current tax system is fair, the fact remains that for all the things we Americans expect our government to do, we're not allowing our government to collect enough revenue.
Which is why David Levine, rich guy and former chief economist for a major Wall Street firm, believes that rich folks like him should pay more taxes - and that America would grow faster and be more successful if the richest in America paid more taxes.
As Ezra Klein at The Washington Post pointed out, Levine is right.
Still, as Klein notes, correlation is not causation. Even so, when Republicans talk about taxes, you'd think that ANY change - even a slight one - to the tax rates of the very richest Americans would bring our American economy to screeching halt. But the facts simply prove those Republicans wrong:
Read the full article, to find out what else the wealthy Mr. Levine had to say about raising taxes on the rich.