Wednesday, May 16, 2012
Will Smith Backs President Obama's Call for Higher Taxes on the Rich (But Not France's Proposed 75% Rate)
Fox News, Will Smith Backs Obama Tax Jack:
One of Hollywood's biggest and best-paid stars is supporting President Barack Obama's call for higher taxes on the country's top earners. Will Smith said while promoting Men In Black III last week that he supports the move. "I'm very supportive of that idea," Smith told The Associated Press in an interview. "America has been fantastic to me. I have no problem paying whatever I need to pay to keep my country growing."
But Mr. Smith, who was paid $20 million for Men in Black III, recoiled when asked about French President-elect Francois Hollande's proposal to tax millionaires at a 75% rate: