Alan Grayson always tells it like it is. The rich do not trickle their Bush tax cuts down to employees. They put the money into villas and Mercedes Benz E-Class cars and bottles of Chateau D'Yquem wine.
Alan Grayson (D-Florida) wants everyone to know that he is not in favor of extending the Bush cuts for the wealthy, which would average out to about $83,347 a year for each person in the top 1 percent of the U.S. income bracket. To drive his point home, he made a list for lawmakers on the House floor Wednesday night of the many ways those "high and mighty" individuals making an average of $1.4 million a year will be able to use that extra cash.
"Here's one possibility: they can buy an $83,000 Mercedes Benz E-Class car, not just once, but every single year for the next decade," he said. "And each year, when they get tired of their brand new Mercedes Benz E-Class car, they can just give it to somebody 'cause they can afford another one. They can give it to a spouse, a sister, a son, a daughter -- anybody. Every single year for the next 10 years, the Republican tax plan is to give millionaires enough money for a Mercedes Benz."
Other things rich people can buy with those tax cuts, Grayson said, include a $64,000 Hermés bag, a bottle of Chateau D'Yquem wine from 1787, 20,000 jars of "their favorite mustard" Grey Poupon, and 800 luxury cigars, each of which they could light with a $100 bill.