Monday, April 16, 2012

Buffett rule tax

  • President Barack Obamas proposal to impose a Buffett rule tax on the rich is generating enormous political wattage, but the plan itself would directly affect only a tiny fraction of Americans.
  • (AP - msnbc.com)
  • WASHINGTON -- Democrats and Republicans are forcing votes in Congress this coming week on competing tax plans that affect millionaires and smaller businesses, and they know the proposals are doomed from the start.
  • (Huffington Post)
  • WASHINGTON — President Barack Obama's proposal to impose a "Buffett rule" tax on the rich is generating enormous political wattage, but the plan itself would directly affect only a tiny fraction of Americans.
  • (Chicago Sun-Times)
  • President Barack Obama and congressional Democrats are laying a political trap for Republicans to be sprung on Monday when the U.S. Senate is slated to vote on the proposed Buffett Rule, which would slap a minimum tax on the highest-income Americans.
  • (msnbc.com)
  • The big event on Capitol Hill today is the Senate's vote on the Buffett Rule, the doomed effort to impose a minimum tax rate of 30 percent on high earners.
  • (Businessweek)
  • The U.S. Senate will vote today on the so-called Buffett Rule, which attempts to ensure that Americans with millions of dollars of income at least pay taxes at the same or higher rate as do most middle-class taxpayers.
  • (Atlanta Journal Constitution (blog))
  • Jeffrey Taylor Managing partner, U.S. Government Relations Intl., LLC : The Buffett Tax is a gimmick; even many Democrats on the Hill see it as a stunt. The sad reality is that it is much more than a gimmick.
  • (gimmick or fairness? - Politico.com)
  • JACKSON, MI -- Supporters of President Barack Obamas Buffett Rule to raise taxes on millionaires will rally outside the post office in downtown Jackson on Tax Day. The group is asking Congress members, including U.S. Rep.
  • (MLive.com)
  • House Republicans are completely apprehensive with legislation that has come before the Democratic-run Senate vote.
  • (Examiner)
  • President Obama admits it: His proposed Buffett Rule tax on millionaires is a gimmick. There are others who are saying: Well, this is just a gimmick.
  • (Herald Tribune)

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