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IPFS News Link • WAR: About that War

Upper-Bracket Tax May Be Needed for Afghan War Cost, Levin Says


Nov. 21 (Bloomberg) -- Higher-income Americans should be taxed to pay for more troops sent to Afghanistan and NATO should provide half of the new soldiers, said Carl Levin, chairman of the Senate Armed Services Committee.

An “additional income tax to the upper brackets, folks earning more than $200,000 or $250,000” a year, could fund more troops, Levin, a Michigan Democrat, said in an interview for Bloomberg Television’s “Political Capital With Al Hunt,” airing this weekend.

White House Budget Director Peter Orszag has estimated that each additional soldier in Afghanistan could cost $1 million, for a total that could reach $40 billion if 40,000 more troops are added.

That cost, Levin said, should be paid by wealthier taxpayers. “They have done incredibly well, and I think that it’s important that we pay for it if we possibly can” instead of increasing the federal debt load, the senator said.


3 Comments in Response to

Comment by Unsheepled Michael
Entered on:

 Right-  That  bracket  pays   taxes   like  Santa O'Bama   helps the  poor  people hahahahahahahahahahahaahaha


People are really beyond  mutton  if they  believe  that one!!



Comment by Unsheepled Michael
Entered on:

 Yeah  ok    upper  bracket  pays  taxes  like   Santa  o'Bama  helps  poor  people..hahahahahahahahahaha

Comment by Lola Flores
Entered on:

 Upper-bracket tax?  No, no, no!  That would defeat the purpose.  It is us the sheeple who pay the price - both financially and with blood - so that they, the upper bracket elite, can reap the rewards.  So, you're barking up the wrong tree here, they won't be paying any more for that venture, we the sheeple on the other hand...well, not so much!