Skip to comments.(Vanity) Buffet Rule: House GOP Should Pass Retroactive, Temporary, 2012 Only Buffet Rule
Posted on 04/10/2012 12:20:51 PM PDT by indianrightwinger
We should call the "Bluff" and simply pass a temporary one-year Buffet Rule tax, retroactive to January 2012. Make the case that we should give it a try, and that all taxes can be considered in 2013 after the election is over. Give Obama his biggest political victory going into 2012 election.
We all know what will happen if this dumbass tax is passed. Let it happen under his watch in this year. Not in 2013 or beyond.
You’re falling down drunk already? This early in the day?
I’m aware of GOOGLE, but it really is the author’s responsibility to define “The Buffet Rule”, when citinig it or it’s impact.
Methinks I smell a TROLL!
The Republican House should instead pass the Buffett Billionaire Wealth Recovery Act which retroactively voids the ability of billionaires to donate their vast holdings to tax-exempt foundations. Both Gates and Buffett have protected their fortunes from estate taxes and from capital gains taxes by donating the shares of their respective companies to a tax exempt foundation - effectively robbing uncle Sam of over $40 billion.
Attach the “Buffet rule” to an across the board, three brackets of 5, 10 and 15%, rate cut.
Let's see Obama veto that!
Are you serious? This tax is aimed at middle to upper middle class people, not the “wealthy.” They hide their money in tax shelters and when they do pay, they opt for the Capital Gains tax which is at 15%.
They will say it is only for the rich, but then they will COME AFTER YOU NEXT.