ECONOMIC IGNORAMUS
This ‘genius’ can relieve himself of his liberal guilt for being wealthy, by handing over 75% of what he earns to the IRS. Soaking the wealthy will kill job and wealth creation, but economic ignoramuses like Ferrell don’t ever bother to consider the real ramifications of their stupidity.
Edwards in the new political comedy “The Campaign.”
BREITBART.COM: The hair is … perfect, and while the film also includes a Tea Party-type candidate the “Saturday Night Live” will tell any press member who will listen that the comedy is a nonpartisan affair.
We’ll have to take his word on the latter since the movie doesn’t open until Aug. 10. But for now we can chew on Ferrell’s assessment of modern tax rates and where he’d like to see them rise if he were in the Oval Office.
TheDC asked Ferrell, who co-hosted a $35,800 per ticket fundraiser for President Barack Obama in February, for his thoughts on Obama’s proposed elimination of Bush-era tax breaks for individuals making over $200,000 per year.
“I think that – I would actually raise the taxes to about 75 percent,” Ferrell said at the screening in Washington, D.C., on Tuesday night.
“75 percent – you don’t think that would hurt the economy?” TheDC inquired.
“No, no, no,” Ferrell replied.
He should put his money where his mouth is and donate 3/4 of his wealth to charity.
No tax raises needed! Donating money to the government is already allowed.
I love Will Ferrell as a comedian but he’s not an economist. Like those above me have said, why isn’t he giving 75% of his income to the IRS now? Nothing is stopping him but himself.