Republicans reject Buffett Rule in th...

Republicans reject Buffett Rule in the Senate

There are 63 comments on the www.orlandosentinel.com story from Apr 17, 2012, titled Republicans reject Buffett Rule in the Senate. In it, www.orlandosentinel.com reports that:

In this file photo, President Obama congratulates Warren Buffett after presenting him with a 2010 Presidential Medal of Freedom in an East Room ceremony at the White House.

Join the discussion below, or Read more at www.orlandosentinel.com.

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Gravediggers

Bakersfield, CA

#1 Apr 17, 2012
Democrats hold the majority (53) in the Senate while the Republicans are in the minority (47)and the Independents (2) caucus with the Majority Democrats under the direction of Senator Harry Reid.

And the final vote was....51-45 seems like the democrats didn't have everyone on board. Another failure from the do nuthin' Senate.

And the vote was just to CONTINUE DEBATING, NOT VOTING FOR THE BUFFETT RULE.

It's slanted and biased reporting, per usual.

“your life is great”

Since: Aug 09

you poop in clean water

#4 Apr 17, 2012
Nearly all Republicans voted against the measure, a potentially risky move at a time when 60% of voters support the measure, according to a recent Gallup poll, as a way to ensure wealthy Americans pay their fair share of taxes. Democrats are likely to revive the effort in coming months.
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The Senate voted 51-45, mostly along party lines. The measure needed 60 votes to advance. One Republican, Sen. Susan Collins of Maine, joined Democrats in voting to advance the measure. One Democrat, Sen. Mark Pryor of Arkansas, voted against.
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it's interesting that any elected official would vote against this in an election year.
gimmick or not, 60% of the public seem to support it.

“Don't trust the internet!”

Since: Jan 12

Location hidden

#5 Apr 17, 2012
Their funeral, I guess.

Can the approval rating for Congress get any lower?

Since: Dec 11

Denver, CO

#6 Apr 17, 2012
I think it is correct to vote for what is right, not just for what is popular. We are in the trouble we are in because of that mindset.

What a sad commentary on the ignorance and greed of our increasingly entitlement envious citizenry that it is considered a politician's funeral when he/she does not let ideology hijack pragmatism.

The Buffet Rule was political hackery at it's worst.

“your life is great”

Since: Aug 09

you poop in clean water

#7 Apr 17, 2012
the buffett rule would be irrelevant if they would allow ALL the tax cuts to expire at the end of 2012, as originally scheduled.
Being Real

Fort Huachuca, AZ

#8 Apr 17, 2012
anneutral wrote:
the buffett rule would be irrelevant if they would allow ALL the tax cuts to expire at the end of 2012, as originally scheduled.
Here is an idea. How about the 49% that don't pay taxes give back their refunds to include you.

“Don't trust the internet!”

Since: Jan 12

Location hidden

#9 Apr 17, 2012
beereel wrote:
I think it is correct to vote for what is right, not just for what is popular. We are in the trouble we are in because of that mindset.
What a sad commentary on the ignorance and greed of our increasingly entitlement envious citizenry that it is considered a politician's funeral when he/she does not let ideology hijack pragmatism.
The Buffet Rule was political hackery at it's worst.
I would have preferred that they vote for the Buffet Rule because it is right. On the other hand, I wouldn't be terribly disappointed if they voted for it because it is popular. Because it is, after all, right.
Always Thinking

Jefferson City, MO

#10 Apr 17, 2012
anneutral wrote:
Nearly all Republicans voted against the measure, a potentially risky move at a time when 60% of voters support the measure, according to a recent Gallup poll, as a way to ensure wealthy Americans pay their fair share of taxes. Democrats are likely to revive the effort in coming months.
.
The Senate voted 51-45, mostly along party lines. The measure needed 60 votes to advance. One Republican, Sen. Susan Collins of Maine, joined Democrats in voting to advance the measure. One Democrat, Sen. Mark Pryor of Arkansas, voted against.
.
.
.
it's interesting that any elected official would vote against this in an election year.
gimmick or not, 60% of the public seem to support it.
Lets see, 47% do not pay any taxes, so I would guess they support someone else covering their fair share so they still have to pay nothing. How about tax reform, not tax increases on a select few?
Always Thinking

Jefferson City, MO

#11 Apr 17, 2012
anneutral wrote:
the buffett rule would be irrelevant if they would allow ALL the tax cuts to expire at the end of 2012, as originally scheduled.
How about letting the tax increase expire and we go back to the original tax rate?

“your life is great”

Since: Aug 09

you poop in clean water

#12 Apr 17, 2012
Being Real wrote:
<quoted text>Here is an idea. How about the 49% that don't pay taxes give back their refunds to include you.
projecting?
.
you must be a part of that 49% you're always griping about, otherwise you wouldn't care so much.
bohart

Morristown, TN

#13 Apr 17, 2012
beereel wrote:
I think it is correct to vote for what is right, not just for what is popular. We are in the trouble we are in because of that mindset.
What a sad commentary on the ignorance and greed of our increasingly entitlement envious citizenry that it is considered a politician's funeral when he/she does not let ideology hijack pragmatism.
The Buffet Rule was political hackery at it's worst.
Ronald Reagan cut the top tax rate to 28 percent from 70%, however he also taxed investment income and capital gains at the same rate while eliminating deductions to where the wealthy had to pay 28 percent, not the 15 percent they pay today. Ronald Reagan was not engaging in political hackery, but the Republican party sure has since he left.
S-N-A-F-U

Chandler, AZ

#14 Apr 17, 2012
DEMOCRATS DO NOT KNOW HOW TO GROW THE ECONOMY. In order to balance the budget cutbacks in spending will not be enough. In fact too drastic spending cuts could cause the economy to go into as tailspin. We need economic growth. Remember Ronald Reagan & Art Laffer and Supply side Economics? THINK GROWTH! THINK GROWTH!

The Buffett rule would kill the economy. It is a way for Obama to raise the Capital Gains tax from 15% to 30%. That kind of a raise will stifle investment and kill the economic activity, the business start ups and expansion and the investment in such. And any other raise in taxes will have a detrimental effect on the economy. What Democrats simply ignore is that the little guy makes investments too for his retirement. Many, many ordinary people have IRAs, 401Ks, and mutual fund investments that they put money into for retirement. Doubling the tax on these investments HURTS THE LITTLE GUY AS WELL.

First the President says that the Buffett rule will help balance the budget and reduce the debt. When pointed out to him that the taxes from the Buffett rule will only pay for 7 days of federal spending, he then switches to - well it's all about fairness. Then its back to reducing the debt, now it's back to fairness again. like half the population paying no federal income taxes at all...It's all about reaching into other peoples pockets who have earned it and giving to those who haven't. A Resurrection of Bolshevik class envy which ushered in 70 years of misery under a socialist Oligarchy.

Obama's "bottom up economics" doesn't work and his rhetoric is simple class warfare election sloganeering. Wise Up!

Since: Feb 07

Location hidden

#15 Apr 17, 2012
The WH has failed the Buffett Rule.
Being Real

Fort Huachuca, AZ

#16 Apr 17, 2012
anneutral wrote:
<quoted text>
projecting?
.
you must be a part of that 49% you're always griping about, otherwise you wouldn't care so much.
No I am just a firm belever that you and your 49% are always wanting the rich to take care of you because your fat azz is to damn lazy to contribute to America like me and the other 51% you clown.
Mormon Dead Jew Baptisms

Philadelphia, PA

#17 Apr 17, 2012
S-N-A-F-U wrote:
The Buffett rule would kill the economy.
That's silly even by racist, Tea Bagger standards.

One of the main, R. talking points against the Buffett rule is that it would hardly effect the bottom line at all, it applies to so few people.

Changing the tax rates or capital gains taxes or deductions and loopholes are different, if generally related, initiatives.
bohart

Morristown, TN

#18 Apr 17, 2012
S-N-A-F-U wrote:
DEMOCRATS DO NOT KNOW HOW TO GROW THE ECONOMY. In order to balance the budget cutbacks in spending will not be enough. In fact too drastic spending cuts could cause the economy to go into as tailspin. We need economic growth. Remember Ronald Reagan & Art Laffer and Supply side Economics? THINK GROWTH! THINK GROWTH!
The Buffett rule would kill the economy. It is a way for Obama to raise the Capital Gains tax from 15% to 30%. That kind of a raise will stifle investment and kill the economic activity, the business start ups and expansion and the investment in such. And any other raise in taxes will have a detrimental effect on the economy. What Democrats simply ignore is that the little guy makes investments too for his retirement. Many, many ordinary people have IRAs, 401Ks, and mutual fund investments that they put money into for retirement. Doubling the tax on these investments HURTS THE LITTLE GUY AS WELL.
First the President says that the Buffett rule will help balance the budget and reduce the debt. When pointed out to him that the taxes from the Buffett rule will only pay for 7 days of federal spending, he then switches to - well it's all about fairness. Then its back to reducing the debt, now it's back to fairness again. like half the population paying no federal income taxes at all...It's all about reaching into other peoples pockets who have earned it and giving to those who haven't. A Resurrection of Bolshevik class envy which ushered in 70 years of misery under a socialist Oligarchy.
Obama's "bottom up economics" doesn't work and his rhetoric is simple class warfare election sloganeering. Wise Up!
I do remember Reagan, he raised the capital gains tax to 28 percent and there is a video on youtube with Reagan lamenting the fact that a millionaire paid a lower tax rate than a bus driver. Reagan believed that financial profits should be taxed at higher rates than labor, but this ain't Reagans party anymore, it's the one percents.
Being Real

Fort Huachuca, AZ

#19 Apr 17, 2012
bohart wrote:
<quoted text>
I do remember Reagan, he raised the capital gains tax to 28 percent and there is a video on youtube with Reagan lamenting the fact that a millionaire paid a lower tax rate than a bus driver. Reagan believed that financial profits should be taxed at higher rates than labor, but this ain't Reagans party anymore, it's the one percents.
Yea and the 1% still pay more in taxes then you and your bottom 49% who don't pay shit. Give your refund back ok. Other wise shut up.

“your life is great”

Since: Aug 09

you poop in clean water

#20 Apr 17, 2012
Being Real wrote:
<quoted text>No I am just a firm belever that you and your 49% are always wanting the rich to take care of you because your fat azz is to damn lazy to contribute to America like me and the other 51% you clown.
uh-huh.
so. what you're saying is that you think EVERYONE that disagrees with you must be on welfare.
.
The number that receive any portion of their support from from welfare assistance--including food stamps--it is 29,900,000 or roughly 8% of the total population in the United States.

that's 8%, on assistance.

http://wiki.answers.com/Q/What_percentage_of_...

In fact, only 14% of Americans didn’t pay either income or payroll taxes.

http://www.politicususa.com/half-americans-ta...

(they've been lying to you)

http://www.usatoday.com/news/washington/2010-...
here's a really good article, with a graph and everything.
Ron Paul 2012

United States

#21 Apr 17, 2012
Alex Jones called "Buffett Rule" a criminal scam!: http://www.youtube.com/watch...
Epicurus

Ocala, FL

#22 Apr 17, 2012
Republicans Reveal that Entire Presidential Race was a Prank

April Fool’s Day Announcement Brings Practical Joke to an End

WASHINGTON (The Borowitz Report)– In an April Fool’s Day announcement that took the political world by storm, the Republican Party revealed today that its entire presidential race had been an elaborate prank.

“April Fool!” exclaimed former Massachusetts Governor Mitt Romney and former Pennsylvania Senator Rick Santorum at a press conference in Washington, where they were joined by fellow merrymakers Newt Gingrich, Michele Bachmann, Rick Perry and Herman Cain.

Moments after revealing that the GOP primary had been one long practical joke, Mr. Santorum explained the rationale behind staging such a complicated and expensive prank.

“A lot of Americans are suffering right now and need a good laugh,” he said.“I think my colleagues and I can be justifiably proud of the entertainment we provided – even if it meant me wearing these ridiculous sweater vests.”

Former Godfather’s Pizza CEO Herman Cain agreed that the prank had gone well, but added,“I’m just amazed that the American people never figured out we were kidding.”

“I mean, I kept saying ‘9-9-9’ every four seconds, which was total and utter bullshit,” he said.“And everything out of Michele’s mouth made her sound like a mental patient.”

“True that,” Rep. Bachmann agreed.

Texas Governor Rick Perry said he worried that “every time I screwed up at a debate people would figure out I was pulling their legs,” but added,“The American people seemed to accept the idea that a Governor of Texas could be a blithering idiot.”

When one reporter mentioned that Rep. Ron Paul (R-TX) was not at the press conference, a sudden silence fell over the gathering.

“Did anyone ever tell Ron this was supposed to be a prank?” Mr. Romney asked.“Holy cow, maybe he’s really serious.”

http://www.borowitzreport.com/2012/03/31/repu...

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