Author Topic: House Passes "Buffett Rule Act"  (Read 42 times)

Offline wbcoleman

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House Passes "Buffett Rule Act"
« on: September 19, 2012, 09:04:51 pm »


House passes new Buffett Rule
By Stephen Dinan - The Washington Times
September 19, 2012, 04:56PM

http://www.washingtontimes.com/blog/inside-politics/2012/sep/19/house-passes-new-buffett-rule/

The House on Wednesday passed Republicans' own version of the Buffett Rule, which allows wealthy Americans to voluntarily pony up to reduce the deficit.

The bill, labeled the Buffett Rule Act, passed by voice vote, meaning Democrats and Republicans agreed with it. Under the legislation, which would still need Senate approval, taxpayers could check a box on their taxes and send in a check for more than they owe to the IRS.

"If Warren Buffett and others like him truly feel they're not paying enough in taxes, they can use the Buffett Rule Act to put their money where their mouth is and voluntarily send in more to pay down the national debt, rather than changing the entire tax code to inflict more job-killing tax hikes on hard-working Americans," said Rep. Steve Scalise, the Louisiana Republican who wrote the bill.
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Offline RWE

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Re: House Passes "Buffett Rule Act"
« Reply #1 on: September 19, 2012, 09:42:12 pm »
Obama Pelosi and Reid haven't been paying their fair share since the Bush tax cuts started. Now's their chance to give back what they owe.
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Offline clistensprechen

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Re: House Passes "Buffett Rule Act"
« Reply #2 on: September 19, 2012, 10:42:58 pm »
...and everybody who has offshored loot, too.

Offline wbcoleman

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Re: House Passes "Buffett Rule Act"
« Reply #3 on: September 19, 2012, 11:21:09 pm »
...and everybody who has offshored loot, too.

What exactly is "offshored loot"?
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Offline Ted S

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Re: House Passes "Buffett Rule Act"
« Reply #4 on: September 20, 2012, 01:35:56 pm »
Wanna see what wealthy liberals actually do when given the opportunity to voluntarily help pay down the debt:

http://www.youtube.com/watch?v=6Io4sqsB8f8&feature=g-user-u

(Fellas, the video is worth watching if for no other reason than Michelle Fields is easy-on-the-eyes.)

Offline wbcoleman

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Re: House Passes "Buffett Rule Act"
« Reply #5 on: September 20, 2012, 06:47:56 pm »
Wanna see what wealthy liberals actually do when given the opportunity to voluntarily help pay down the debt:

http://www.youtube.com/watch?v=6Io4sqsB8f8&feature=g-user-u

(Fellas, the video is worth watching if for no other reason than Michelle Fields is easy-on-the-eyes.)

Donating more was probably too complicated, but The Buffett Rule Act is designed to simplify things.
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