45 'Patriotic Millionaires' Call for Bush-Era Tax Cuts to Expire

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"It's about basic freedom, and we are losing our freedom every day to taxes and the government," said Muller. "If I thought I could give an extra $10,000 a year to solve this country's problems, I would be the first one to write a check. But they're going to squander it and waste it."

GMA Quick Tips: Taxes
GMA Quick Tips: Taxes

Muller said he is "blessed and so thankful" for all he has, but he is concerned about the future tax burdens on his three children in college, if they pursue small businesses of their own.

"I'm going to be fine and I'm going to survive, but how about my kids?" asked Muller, who said the decisions of small business owners are greatly hampered by environmental and property taxes and regulations.

Muller said that further income and small business tax hikes will prevent an employer from hiring a new employee or buying new equipment, already "teetering" on the decision.

Michael Steinhart, a philanthropist and former hedge fund manager, said he signed the document because he is concerned with the growing imbalance between the rich and poor and he does not believe that the idea of allowing tax cuts for the wealthy will benefit lower-income people

End to Bush Tax Cuts Looming
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"One of America's greatest strengths is a growing and powerful middle class. They are not that at the moment," said Steinhart. "There has been too much in the way of tax benefits that have been singularly directed toward the wealthy. And you cannot have a healthy society when the wealthy have greater access to political influence and often get extraordinary tax benefits."
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