Buffett Rule' could combat income inequality, White House says

Apr 11, 2012 Full story: The Washington Post

President Barack Obama's proposed "Buffett rule" would use the U.S. tax code to combat widening income inequality, said Alan Krueger, chairman of the White House Council of Economic Advisers.

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Since: Aug 08

Location hidden

#1 Apr 11, 2012
The Buffett Rule: The US ruin is due to the rich not paying taxes...

The Trickle Down Theory: The rich steals from the government in order sport their high living expenses thus only a trickle of money goes to the middle and lower classes.

The rich can steal more than the poor hence are more of a threat to an economic collapse.

The poor steal because the rich steal and see them getting away with it, so it becomes a natural tendency among the have not's.

Since: Jul 07

Newport News, VA

#2 Apr 18, 2012
Income inequality is a strange obsession, at least to the extent the obsessives focus their policy responses on trying to adjust the condition of the top 1% rather than improving the opportunities of everyone else.

Since: Aug 08

Location hidden

#3 Apr 18, 2012
If the system locks up like it did in the 30's Buffett will eating road kill like everyone else.

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