Steele: After Taxes, a Million Dollars Is Not a Lot of Money
LITTLE ROCK, Ark. -- Republican National Committee Chairman Michael Steele and potential Democratic Senate candidate Harold Ford Jr. agreed Thursday that Americans want action now on health care reform, but disagreed about how to achieve it.
Steele and Ford -- who is considering a run for a U.S. Senate seat in New York -- faced off on health care, taxes, abortion and other issues for more than 90 minutes during a joint appearance at the University of Arkansas at Little Rock.
Steele said Republicans aren't opposed to health care reform, but want something that results from consensus.
"The American people want this ball moved and they want it moved now in a way that represents real effort to build consensus towards national health care reform as opposed to the partisan back and forth they've seen over the past year," Steele said.
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stella_blue
People who make a million a year are Republicans, so if you want to make a million a year, you should be a Republican.
CIJ
It's not a lot of money when you are living in a major cosmopolitan area where average homes are a million dollars. Top earners tend to live in these areas because that is where the jobs are. It is very unfair to single out one group - all (or none) should pay.
f0xhunter
It's still a good deal of money! Even if there are homes at a million dollars (about 4x average price of a house if I remember right) the average wage in the country is somewhere around $45000. You can't tell me that someone has trouble raising a family on that kind of cash no matter where they live.
f0xhunter
Not a lot of money?! This is the problem with politicians, they're all frakkin elitists.
Someone making a tenth of that is making pretty damn good money in my opinion, even before taxes.
anontroll oath keeper and tea party leader(manup fears us)
hey steel tell that to the walmart worker making 25k a year you tool
the facts
Palin/Steele 2012
chip
Lets see 1mill after taxes still 16x what I make.
mom41
I wish I had that little money...
Visionist
wwaldok
$1M after taxes IS A LOT OF MONEY...especially if you had it to retire on. It's a rare encounter to see an individual that produces enough to justify earning $1M each year.
....................................................
Yes......I understand......I stated my view from the context of being a generalization........Now had he said $250k.......that would have been spot on and more to the point. I had to restructure my business last month....doing what ever is allowed to not fall into Obamas new wealth taxes
BWAtl
A million dollars is chump change to an elitist.
conservabit
He's right. By the time the government takes 45% in income taxes PLUS property, school, and water taxes, PLUS capital gains, PLUS the fact that they fall within the Atlernative Minimum Tax they do not benefit from tax write-offs like most Americans enjoy!
stella_blue
That must be why so many people choose to not make a million a year.
stella_blue
Do not tax high incomes since most people want higher incomes, that is a good policy.
donottreadonme
What both seem to miss is that we the people do not want national health care. Period!
We may want tort reform, we may want to buy the same medicines from other countries cheaper than we get gouged for here, but we do not want a nation insurance plan nor goverment intrusion into our choices for doctors, insurance policies, or treatments.
5LitreCat
We all know that Steele isn't the brightest bulb on the tree.
Visionist
I understand the idea that a $ million is not alot of money...........Though I sure wish I made that yearly
wwaldok
$1M after taxes IS A LOT OF MONEY...especially if you had it to retire on. It's a rare encounter to see an individual that produces enough to justify earning $1M each year.
THE TOMB
Gee, isn't the Memphian Harold Ford a long way from home in New York to be campaigning in Arkansas. Oh,that right the Ford Maching has raped Memphis for years and the money has to come from somewhere!
Lourdes
It's not a lot of money if you HAVE it. it is a lot of money if you OWE it.
Tom in GA
Not really. I am in both positions.