5 ways the rich can spend their tax cuts
By Sarah Muller
Congressman Alan Grayson took the House floor Wednesday night to gab about Hermés bags and the best Benz that tax cuts can buy. The Florida Democrats opposes an extension of Bush-era tax cuts to the wealthiest 1 percent of Americans. We're talking peeps who pull in at least $1.4 million a year. To prove his point, he made an extravagant shopping list for the "high and mighty," as he called them, complete with visual aids.
With their extra $83,347 a year, Grayson sarcastically suggested buying a $64,000 Hermés bag, a 1787 bottle of Chateau D'Yquem wine, 20,000 jars of Grey Poupon, and 800 luxury cigars or a $83,000 Mercedes Benz E-Class car.
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