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Obama calls on Congress to pass 'Buffett Rule' tax
Associated Press ^ | March 31, 2012 | JIM KUHNHENN

Posted on 03/31/2012 10:13:58 AM PDT by Free ThinkerNY

WASHINGTON (AP) -- President Barack Obama is calling on Congress to increase taxes on millionaires, reviving a proposal he first pitched last September that aims to draw sharp election-year lines between the president and the Republican opposition.

The plan, scheduled for a vote in the Democratic-controlled Senate on April 16, stands little chance of passing in Congress.

(Excerpt) Read more at hosted.ap.org ...


TOPICS: News/Current Events
KEYWORDS: buffettrule; classwarfare; obama; taxes

1 posted on 03/31/2012 10:14:01 AM PDT by Free ThinkerNY
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To: Free ThinkerNY

Is the Buffet rule the one where you fight the IRS for years not to pay your taxes?


2 posted on 03/31/2012 10:17:08 AM PDT by heshtesh (I believe in Sarah Palin, the rest not so much.)
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To: heshtesh

The Buffet rule is where you parade your secretary in front of the world, buy her a house in AZ and get the oil contracts to rail oil after the President vetoes the pipeline.

Pray for America


3 posted on 03/31/2012 10:23:21 AM PDT by bray (Power to We the People)
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To: Free ThinkerNY

I have to agree with Obama on this one. I think they should raise Warren Buffet’s taxes. If Buffet wants to pay higher taxes so bad, let him.


4 posted on 03/31/2012 10:26:54 AM PDT by Racer1
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To: Free ThinkerNY

This should make all the liberals/marxists “feel good.”

All the while not doing ONE damn thing to help the economy.


5 posted on 03/31/2012 10:27:20 AM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: Free ThinkerNY

Warren ought to pay all his own taxes before he worries that other people may not be paying enough.


6 posted on 03/31/2012 10:30:33 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: Free ThinkerNY
OBAMAOBLAMO, OBLAMO THE MENDACIOUS
7 posted on 03/31/2012 10:32:41 AM PDT by FrankR
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To: Free ThinkerNY
Comrades, Caesar Obammus has spoken. From each accoring to his ability, to each according to his need.

Gee, hasn't that worked so well throughout history?/s

8 posted on 03/31/2012 10:40:23 AM PDT by Marathoner (2 goals this year: (1) S##tcan Obamacare; (2) S##tcan Obama)
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To: Free ThinkerNY

This is like a shot to the month of American taxpayers from the Soetoro regime. Until Buffett pays the taxes he already owes, we shouldn’t be naming tax laws after him. Geeesh. Damn commies!


9 posted on 03/31/2012 10:50:01 AM PDT by FlingWingFlyer (It's time to WEAN the government off of our money.)
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To: Free ThinkerNY

They should just pass a law that confiscates the wealth of anyone named Buffett and has a net worth in excess of $1 billion and call it the Buffett Rule.


10 posted on 03/31/2012 11:14:19 AM PDT by CarmichaelPatriot
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To: Free ThinkerNY

Obama keeps coming back to the same things over and over again , Buffett Rule punches above its weight


11 posted on 03/31/2012 11:49:52 AM PDT by molson209
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To: E. Pluribus Unum

Wow, it’s almost as if he were taxing people poorer than himself.


12 posted on 03/31/2012 12:06:48 PM PDT by JCBreckenridge
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To: Free ThinkerNY

Tax Buffet more.

Lots more. Just Buffet.

Leave the rest of America alone.


13 posted on 03/31/2012 12:09:52 PM PDT by Cringing Negativism Network ((Racism Fatigue) America is the least racist nation on Earth)
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To: Free ThinkerNY
Congress should just pass a law to take all personal wealth away from anyone named Barack Hussein Obama and call it the Buffet Rule. Send it to the Senate to see what they will do with it. It would be hilarious if it passed and Hussein would have to veto it.

Along the same lines of thought, pass a law to actually tax accumulated wealth. See how many of the crazy wealthy democrats vote for that one.

14 posted on 03/31/2012 12:57:42 PM PDT by FreeAtlanta (Liberty and Justice for ALL)
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To: Free ThinkerNY
how bout a law making Buffet pay his back taxes???
15 posted on 03/31/2012 12:59:29 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Chode

Or, taking every dime that Buffett has. See how fast Buffett will have his lawyers in court to try to overturn it as unconstitutional.


16 posted on 03/31/2012 1:03:59 PM PDT by FreeAtlanta (Liberty and Justice for ALL)
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To: FreeAtlanta
what ever is shorter than a picosecond...
17 posted on 03/31/2012 1:49:49 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Free ThinkerNY

The projected new revenue that will be collected from the Buffett rule each year would be enough to run the government for six hours. But who’s counting. The class warfare card is very effective with the ballot cattle.


18 posted on 03/31/2012 7:22:36 PM PDT by Oldhunk
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