Watch Patriotic Millionaire Pierce Delahunt on Cheddar:
Nonpartisan assessments of the GOP tax plan show that the group who stands to benefit the most, if it passes, are the wealthy. So it came as a surprise when a group of millionaires came out against the GOP tax plan. Patriotic Millionaires is a group of wealthy Americans who believe that the wealthy should pay a larger percent of taxes compared to the rest of America.
Pierce Delahunt is a member of Patriotic Millionaires. He joins Cheddar with a look at why he and his contemporaries believe taxes should be higher for the wealthy.
Delahunt specifically believes the estate tax needs to be changed. He says it only benefits a tiny portion of Americans, but saves them an exorbitant amount of money.
Watch the full video on Cheddar