Republicans Block the Buffett Rule — Supported by 72% of Americans
Remember this in November people!
A proposal to implement the Buffett Rule was blocked in the Senate on Monday, but proponents of the millionaire tax vowed to keep the issue alive in the months ahead.
Republicans, as expected, garnered enough support to reject Democrats’ attempt to bring up the proposal for debate. The Democrats fell nine votes short.
Got that? Republicans blocked a debate, not a vote. Chicken shit ass bastards. They don’t want to talk about it because they don’t want to have to argue — all of it documented on C-SPAN — why people who make a $1 million or more a year should pay less than you and me.
The GOP put the kibosh on the bill known as the “Paying a Fair Share Act,” which embodies President Obama’s proposed millionaire tax.
The bill would impose a minimum 30% effective federal tax rate on those with adjusted gross incomes above $1 million, although it phases in for those making between $1 million and $2 million.
Meanwhile there’s this:
According to a CNN/ORC International survey, 72% favor the bill, which is named for billionaire investor Warren Buffett, who has argued that it’s unfair that he pays a lower tax rate than his secretary. Twenty-seven percent oppose the measure.