Will Smith Likes President Obama’s ‘Higher Taxes On The Rich’ Idea

     

Will Smith has pretty much endorsed President Barack Obama for his 2012 campaign. The actor, who is one of the highest paid stars in Hollywood, is supporting the President’s position for higher taxes on the country’s richest citizens.

Last week while out promoting Men In Black III, the star spoke on why he supports the President’s tax raise. “I’m very supportive of that idea,” Smith told the Associated Press in an interview. “America has been fantastic to me. I have no problem paying whatever I need to pay to keep my country growing.”

The President has proposed that everyone who earns at least $1 million a year pay at least a 30 percent income tax rate. Research analysts have reported that the change would affect around 210,000 taxpayers.

Will Smith was reportedly paid over $20 million for Men In Black III. That means he would have to pay at least $6 million dollars in taxes on that money.  But is that fair?