The Buffet Rule Tax Bill would raise that much money
by Roger Chartier
It is called “The Buffet Rule” bill S. 2059 and was proposed by the Joint Committee on Taxation. Of course people like GOP – pro wealthy Orrin Hatch are being naysayers.
Apparently that good ole boy is part of the Grover Norquist gang that will never vote for any tax hike for any purpose whatsoever.
The problem with the economy isn’t taking food, shelter and clothing away from people earning a million or more a year so why the fuss.
It is political. The deal with the GOP is to never agree with or do anything to help Obama’s ideas or plans even if people starve or die from lack of basic health care.
How does that sound to you? Are you a moral person? If you think you are then can you justify this blind pro-wealthy political foolishness, when the fact is the large majority of Americans are living in the lower and lower middle class of income.
Maybe you are clear headed about this so my tirade here is not meant for you but for those who would cripple this country. How can a country run when there is a blockade on progress at every turn. Partisan politics are killing us and in the end nobody wins.
This tax would be a minimum rate tax for those with an adjusted gross income of a million dollars and it would adjust up to $2 million a year with deductions available for charities. Charitable deductions have to be 501(c)(3) qualified.
There are people who need food stamps to survive when there are others who are millionaires and billionaires and say “Screw them I got mine”.