Friday, February 3, 2012

Kinsley: A 'Buffett Rule' for tax equality? - Los Angeles Times

Kinsley: A 'Buffett Rule' for tax equality? - Los Angeles Times


As everybody knows by now, Warren Buffett — class traitor — pays a smaller share of his income in taxes than does his secretary, Debbie Bosanek. In his State of the Union address Jan. 24, President Obama proposed "the Buffett Rule" to rectify this with a phased-in requirement that all taxpayers making more than $1 million a year must pay federal taxes of at least 30% of their adjusted gross incomes.
Who could object? Well, Newt Gingrich — class clown — called the idea "stupid." And Mitt Romney — class president — said he doesn't believe in raising taxes on anybody under any...

more info...