H&R Block founder: "The Middle Class Should Be Furious" #p2 #tcot

from http://www.fox4kc.com/news/wdaf-the-middle-class-should-be-furious-another-millionaire-says-20110817,0,7362562.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Wdaf-Fox4Health+%28WDAF+-+FOX+4+Health%29

KANSAS CITY, Mo.—

Another multi-millionaire says the rich should be paying more taxes. Registered Republican and co-founder of H&R Block, Henry Bloch knows his opinion is not popular with many in his party.

Like Warren Buffet, Bloch believes current tax code gives too many breaks to the rich.

He also has strong opinions about how much these tax breaks really contribute to job creation.
"That's so baloney," Bloch said. "Rich people don't create jobs. Companies create jobs."

Bloch believes politics are to blame for what Warren Buffet called "coddling of the rich."

Bloch says the middle class should be furious that the rich pay so little in taxes, hiding money in trusts and with their kids.

"You probably pay a higher rate than I do... and yet my income is probably many times what yours is." Bloch said to FOX 4 Reporter Rob Low.

Bill Black, an economics professor at the University of Missouri-Kansas City says the rich have been given so many breaks that their taxes are now about one-fifth or one-sixth of what they once were.