"For everyone to whom much is given, of him shall much be required." -- Luke 12:48
Although this verse does not only refer to financial resources, it is obvious that of those whom have great financial resources, much financial commitment is required. The wealthy made their wealth in America and should, in turn, be willing to support America. Those individuals who net more that 200k or married couples who net more than 250k are being asked to pay just 3% more in federal income tax. If that breaks their budgets, then they are living too high on the hog. They need to quit whining, step up to the plate, and help their country. For an individual making $200k, that is an increase of $6,000 per year in taxes. This amount would greatly hurt someone making the median income of just under $50k per year, but not someone who nets $200k. All they have to do is drive their BMW one extra year before trading it for a new one – or forego one of their vacation trips.
It’s time for the wealthy to shoulder their share of sacrifice for America.