John Harrington and close to 100 upper income professionals held a rally on the steps of San Francisco City Hall calling on the government to raise their taxes. The rally was called to focus attention on congresses’ fiscal irresponsibility by failing to raise tax rates for the wealthiest Americans.
The rally was sponsored by Tax_Us, an organization of bay area business professionals committed to fixing our broke tax system.
Tax-Us seeks a return to Clinton-era tax brackets, when the highest marginal rate was 39.6 percent versus 35 percent today. Alternatively, it supports the so-called Buffett Rule, a measure backed by President Obama and Senate Democrats that would ensure a tax rate of at least 30 percent for the super wealthy.