Billionaire private equity tycoon Stephen Schwarzman, CEO of Blackstone Group, told Bloomberg Television this morning that he wants more people to pay income taxes.
"We have a system today in the United States were 45% of Americans don't pay any income tax...You have to have skin in the game," he said.
That essentially means he wants more poor people in the U.S. to pony up and pay income taxes.However, he didn't specify the amount he wants them to pay.
"The issue isn't the amount, it's the concept that we are all in this together,….
Read more: http://www.businessinsider.com/billionaire-steve-schwarzman-wants-more-poor-to-pay-taxes-2011-11
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