Obama calls on Congress to pass 'Buffett Rule' tax

Mar 31, 2012 | Posted by: roboblogger | Full story: Peninsula Clarion

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.

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Makes sense

Dearborn Heights, MI

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#1
Mar 31, 2012
 

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That would be communism. I like paying a higher percentage of my income in taxes than Mitt Romney. What's he pay 13.9%? He creates jobs (in China). The Middle Class owes our country 28-35% in taxes because the Middle Class is lazy.

Since: Mar 08

Allentown, PA

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#2
Mar 31, 2012
 

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Makes sense wrote:
That would be communism. I like paying a higher percentage of my income in taxes than Mitt Romney. What's he pay 13.9%? He creates jobs (in China). The Middle Class owes our country 28-35% in taxes because the Middle Class is lazy.
High taxes hasn't helped Europe.
Makes sense

Dearborn Heights, MI

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#3
Mar 31, 2012
 

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LookingToEscape wrote:
<quoted text>
High taxes hasn't helped Europe.
You obviously don't know anything about Germany, or China for that matter.
Makes sense

Dearborn Heights, MI

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#4
Mar 31, 2012
 

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LookingToEscape wrote:
<quoted text>
High taxes hasn't helped Europe.
Why do I have to pay a higher percentage in taxes than Romney? Why is ROMNEYCARE good and Constitutional for Massachusetts?

Why are you such a dumb America-hating A-hole who prefers multinational corporations and foreign unpaid wars that enrich them over our own country, our treasury, and our lives?

Since: Mar 09

The Left Coast

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#5
Mar 31, 2012
 

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The buffett rule is to hire enough tax lawyers and accounts to find ways to not pay taxes. a true 1%er

Since: Feb 07

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#6
Mar 31, 2012
 
If the rules are written and not deemed, that is a start. Truth has something to do with this also.

“i hope we can change this!”

Since: Aug 08

usa

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#7
Mar 31, 2012
 

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the election lines are ALREADY sharp.

obama sucks, ANYONE else, not as much.

“i hope we can change this!”

Since: Aug 08

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#8
Mar 31, 2012
 

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RayOne wrote:
If the rules are written and not deemed, that is a start. Truth has something to do with this also.
huh?
WAY too esoteric for early saturday morning.

btw, this is politics, truth has NOTHING to do with ANYTHING.

“i hope we can change this!”

Since: Aug 08

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#9
Mar 31, 2012
 

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RustyS wrote:
The buffett rule is to hire enough tax lawyers and accounts to find ways to not pay taxes. a true 1%er
and then bitch about not paying enough.
lololol

Albuquerque, NM

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#10
Mar 31, 2012
 

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libs ... lol
tax tax tax
spend spend spend
.
forget about budgeting and sticking to it like real people have to do

Since: Feb 07

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#11
Mar 31, 2012
 

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carey529 wrote:
<quoted text>
and then bitch about not paying enough.
What !!
Me- Worry ?
just another guy

Ortonville, MI

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#12
Mar 31, 2012
 

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I am sick of hearing about buffet the hypocrite. Maybe the jackass should pay his billion in taxes and shut his stupid trap.
General Robert E Lee

Dallas, GA

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Mar 31, 2012
 

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Fairtax.org

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#14
Mar 31, 2012
 

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just another guy wrote:
I am sick of hearing about buffet the hypocrite. Maybe the jackass should pay his billion in taxes and shut his stupid trap.
He likes the media attention, not everyone gets to have the most powerful man in the world kiss up ... and be treated like a movie star.
Walid

Mclean, VA

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#15
Mar 31, 2012
 

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Barak Obama flunked macroeconomics and he is flunking as president. There will be fewer employees and consumers when there are fewer employers under a something for nothing economy.

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#16
Mar 31, 2012
 
The chant of,
I Wanna Be Barry !
may become
I Wanna Be Warren !

now, can the first ego take it. Do you feel lucky, now do you?
Robert

Miami, FL

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#17
Mar 31, 2012
 

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Buffett and Obama are liars to say this, Buffett does not get special treatment. His secretary pays 15% on any capital gains she has and Buffett pays is subject to the same scale of taxes on any income he has from earned income sources.

Obama, what is everyone's fair share? If it is 15% ok, then everyone pay 15% no matter what. How about that? Oops that will not work will it. If we did that we would have less money coming in to run the government than we do now.

The only math that will work is people need to pay their fair share and the rich need to pay more than their fair share. We have been doing that do differing degrees and are still doing that now.

I know Obama likes to talk about Buffett and they found an IRS study where it identified 22,000 millionaires with a tax rate of 15% or less. But what matters is what happens in the real world, there are not 22,000 millionaires, those where picked from the 236,000 returns of over a million.

Lets not talk about what happened with 6% of the millionaires lets talk about what happened with 100% of the millionaires. Lets not talk about Buffets secretary with the highest tax rate but with everyone in that income range.

Buffetts tax rate may be 17.7% during a given year but when you look at all millionaires you talking about a tax rate of about 29%. Buffets may have a secretary (I am sure he has a lot to choose from) that paid a 30% tax rate but a household making between 50 and 75 K will pay a tax rate of about 15%. In real life millionaires pay and always have paid a higher share of their income in taxes than the average Joe or Jane out here.

To be fair to the truth if the average person pays their fair share then millionaires pay more in both the total amount of money and more as a percentage of their income. Tell the truth Obama, what you want is for people to pay their fair share, for some people to pay less than their fair share because they are poor and for millionaires to pay more than their fair share because they are rich and because you want to spend their money on programs rather than tighten the budget belt.

That said millionaires are paying the lowest rates they have in recent history. They paid up to 93% in the 40's.

I do not blame people, millionaires or not, for saying I do not want to pay one penny more in taxes until after you have done something about the spending problem otherwise it will all be for naught.

Since: Feb 07

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#18
Mar 31, 2012
 

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Robert wrote:
Buffett and Obama are liars to say this, Buffett does not get special treatment. His secretary pays 15% on any capital gains she has and Buffett pays is subject to the same scale of taxes on any income he has from earned income sources.

Obama, what is everyone's fair share? If it is 15% ok, then everyone pay 15% no matter what. How about that? Oops that will not work will it. If we did that we would have less money coming in to run the government than we do now.

The only math that will work is people need to pay their fair share and the rich need to pay more than their fair share. We have been doing that do differing degrees and are still doing that now.

I know Obama likes to talk about Buffett and they found an IRS study where it identified 22,000 millionaires with a tax rate of 15% or less. But what matters is what happens in the real world, there are not 22,000 millionaires, those where picked from the 236,000 returns of over a million.

Lets not talk about what happened with 6% of the millionaires lets talk about what happened with 100% of the millionaires. Lets not talk about Buffets secretary with the highest tax rate but with everyone in that income range.

Buffetts tax rate may be 17.7% during a given year but when you look at all millionaires you talking about a tax rate of about 29%. Buffets may have a secretary (I am sure he has a lot to choose from) that paid a 30% tax rate but a household making between 50 and 75 K will pay a tax rate of about 15%. In real life millionaires pay and always have paid a higher share of their income in taxes than the average Joe or Jane out here.

To be fair to the truth if the average person pays their fair share then millionaires pay more in both the total amount of money and more as a percentage of their income. Tell the truth Obama, what you want is for people to pay their fair share, for some people to pay less than their fair share because they are poor and for millionaires to pay more than their fair share because they are rich and because you want to spend their money on programs rather than tighten the budget belt.

That said millionaires are paying the lowest rates they have in recent history. They paid up to 93% in the 40's.

I do not blame people, millionaires or not, for saying I do not want to pay one penny more in taxes until after you have done something about the spending problem otherwise it will all be for naught.
When the WH WestWing writes for Warren as it panders for the Prez, the mediaElite will have only to round up the pesky dissenting voice.
CHECK SIX

North Port, FL

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#19
Mar 31, 2012
 

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Has any one seen BUFFETS TAX RETURN???....Or is it like GE,and others he pays none???....More OBAMA BULL SHIT!......More Diversion from he SPENDING AMERICA TO GOD DAM HELL!

...ITS THE GAS STUPID!!

Since: Feb 07

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#20
Mar 31, 2012
 

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Gas is good enough today until the issue is tread wear, then Goodyear will become the great Satan.

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