Saturday, April 14, 2012

Buffett Rule

  • The president passionately argues that we ought to hike taxes on the very richest Americans — which, if nothing else, is a handy campaign talking point President Obama has been making a lot of hay about the Buffett Rule.
  • (YAHOO!)
  • In their zeal to pass the "Buffett Rule," President Obama and Vice President Biden leave the false impression that many, if not most, millionaires (people who earn $1 million or more a year) are paying a lower tax rate than the middle class.
  • (YAHOO!)
  • A former White House aide backed the "Buffett Rule" plan to make millionaires pay a greater tax rate Friday on "The Kudlow Report." "It's not about class warfare. It's not about attacking the wealth.
  • (CNBC)
  • WASHINGTON -- Pay attention, America. Democrats and Republicans in Congress each will launch heated, political debates next week on tax bills that will never pass.
  • (Huffington Post)
  • At the beginning of his presidency, Barack Obama argued the countrys spiraling debt was largely the result of exploding health-care costs. That was true. He then said the cure for these exploding costs would be his health-care reform. That was not true.
  • (MySanAntonio)
  • A new survey from Gallup has found that Americans favor President Obamas Buffett Rule proposal by a wide margin, with 60 percent saying they favor the rule and 37 percent opposing it.
  • (CBS News)
  • ON MONDAY THE U.S. Senate will take up S. 2230, "The Paying a Fair Share Act of 2012," which would enact the so-called "Buffett Rule.
  • (Times-Leader)
  • I have been spouting this on my Twitter stream since at least yesterday, but forget class warfare, forget its just political, forget the polls.  The thing nobody is saying about the Buffett Rule is that is version two of the Alternative Minimum Tax.
  • (Motley Fool)
  • PRINCETON, NJ -- Six in 10 Americans favor Congress passing the so-called Buffett Rule, which would mandate a minimum 30% tax rate for Americans with a household income of $1 million or more per year.
  • (Gallup)
  • At the beginning of his presidency, Barack Obama argued that the country's spiraling debt was largely the result of exploding health care costs. That was true. He then said the cure for these costs would be his health care reform.
  • (CharlotteObserver.com)

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