Republicans Protect The 1%
The BBC made an error in their headline: US Senate blocks Obama’s Buffett Rule proposal
Senate Republicans have blocked the Buffett Rule, President Barack Obama’s proposal to raise tax rates for top earners to at least 30%.
Senators largely voted on party lines and failed to win the 60 votes to move the bill forward for a full debate.
The majority of the Senate wanted to talk about the ‘Buffett Rule’, but the Republicans block any attempt to tax the people who benefit the most from the government at the same rate as working people.
4 comments
Raising the issue should be good for at least a few ads hammering Republicans for their servile kissing of rich people’s… um… rings.
OT, you may want to read my last post of the night, about CISPA. CISPA looks worse than I imagined, though you may already have been tracking it via EFF. But there seems to be a possibility that even encrypting your email or using an anonymizer may trigger a flag of “cyber threat intelligence” under the proposed act, so you need to know about it. I put the CISPA post up after your visit (for which thanks; that’s all essential info on the plight of veterans.)
When encrypted emails are outlawed, only outlaws will have encrypted emails… 😈
They keep piling up the hay, making it harder and harder to find any needles. This is just a monumental failure to understand the system … it is just ignorant, and annoying, and wrong.
I gather that most senators are millionaires and probably wouldn’t vote for an effective pay cut.
According to the forms they have to file, 56 of the 100 Senators are millionaires currently, but that number is probably higher in reality, because of the accepted ‘lies’ on the financial foreclosure forms.
No, they don’t want to increase their own tax burden, and they don’t want to annoy the people who fund their campaigns.