Video / Multimedia
Increase Taxes on Kim Kardashian, Other Millionaires, Campaign Says
A new campaign by Courage Campaign, a progressive organization in California, is calling for increased taxes on Kim Kardashian, noting it could help fund education and social services.
The reality star/clothing designer/model whose much hyped marriage earlier this year to basketball star Kris Humphries lasted just more than two months raked in $12 million in 2010—but was taxed just slightly more than her fellow California residents.
Courage Campaign is using the video to draw attention to and support for the “millionaire’s tax,” a ballot initiative being pushed by several California groups that would increase state taxes on those making $1 million by 3 percent and a hike of 5 percent on individuals making more than $2 million in one year. If placed on the ballot and passed by voter, the proposal would raise an additional $6 billion for the state, which would be used to help fund education and public service.
Earlier this year, President Obama introduced a similar plan to more heavily tax those making more than $1 million; the proposal would apply to federal taxes. That concept has been dubbed the Buffett Rule, as it was introduced after business mogul Warren Buffett called on his fellow rich to pay their fair share in a New York Times column.
Correction: This post was updated to reflect differences from the proposed state tax increase on wealth California residents and President Obama's proposed Buffett Rule.
Brian Stewart is the journalism and online communications manager at Campus Progress.
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