View Poll Results: Should the Buffett Rule" be made law?

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Thread: Should the Buffett Rule" be made law?

  1. #1
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    Should the Buffett Rule" be made law?

    Should the Buffett Rule" be made law?

    Yes
    No
    other
    I do not know

    Obama to propose new tax rate for millionaires - CNN.com
    The White House will propose a new tax rate for people earning more than $1 million a year to ensure that they pay at least the same percentage of their earnings in taxes as middle-income Americans, administration and White House officials told CNN on Sunday. Called the Buffett Rule, the proposal will be part of a comprehensive deficit reduction plan that President Barack Obama will unveil on Monday, according to a senior administration official and White House sources who spoke on condition of not being identified. The information was first reported by The New York Times.




    I pick other. I support making everyone pay he same percentage in income taxes regardless of income level and eliminating exemptions .
    Last edited by jamesrage; 09-19-11 at 01:33 AM.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

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    Re: Should the Buffett Rule" be made law?

    I can't take Buffet seriously after he disowned his granddaughter for having equitable views about society that he disagreed with. The man is a petulant child who games the system in which we need to make a rule about.

    Why is this guy even relevant and why does the Obama administration jack off to him?

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    Re: Should the Buffett Rule" be made law?

    Flat tax for all that make twice the Poverty level with no deductions, with a similar flat tax on business above a certain level and no deductions.

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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by Councilman View Post
    Flat tax for all that make twice the Poverty level with no deductions, with a similar flat tax on business above a certain level and no deductions.
    Quote Originally Posted by MusicAdventurer View Post
    We've gone over this in other threads .. the answer to the question is applying the definition of the word fair in order to determine what a "fair share" is.

    Since some people cannot understand the concept of fair .. this gets difficult. Everyone know that the poor have nothing to give in the sense that they would be forced to go into debt or starve or live without a shelter were they to pay the same percentages as the top percentiles.

    If you think one person being able to pay taxes which to them is "chump change" and another having to go into debt, starve or live without shelter is fair .. you must have some serious issues and should probably see a counselor (not saying this is you, but some people think this way).

    The most "fair" way to calculate a fair share (and don't go off on that "life isn't fair" strawman as you yourself are trying to state that progressive taxation isn't "fair") would be to compare the average low level living costs (i.e. average costs to live without disease, malnutrition etc.) over a state and perhaps the whole country, depending on how you view it, and use those living costs in a predetermined ratio of average low level living costs to income level. e.g. use a formula set up below:

    average low level living costs/income level

    This would be the truest "fair" way to calculate a "fair share" - given one's ave. low level living costs to income level ratio, a tax could be created so that the actual burden of the cost is proportional across all income levels - that's fair
    That's was my answer then and it still is.

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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by jamesrage View Post
    Should the Buffett Rule" be made law?
    Yes
    No
    other
    I do not know
    Obama to propose new tax rate for millionaires - CNN.com
    The White House will propose a new tax rate for people earning more than $1 million a year to ensure that they pay at least the same percentage of their earnings in taxes as middle-income Americans, administration and White House officials told CNN on Sunday. Called the Buffett Rule, the proposal will be part of a comprehensive deficit reduction plan that President Barack Obama will unveil on Monday, according to a senior administration official and White House sources who spoke on condition of not being identified. The information was first reported by The New York Times.
    I have been posting on this for a a year or two. Too many posts/string starts to even cite here. 100? And other boards too.
    I'm in favor of the Buffett Rule.
    Let's forget the relative pikers and the "250k" debate and go where the most disposable income/affordability/dead money lies.
    Buffett had proposed, I believe, 2 new brackets: 1 mil/10 mil and I support, in fact Advocated that for years.

    Say 40/50 or 50/60 percent rates for those groups. Which would be completely normal, if not lower than the Century's average.
    http://www.debatepolitics.com/econom...post1059220592 And of course the Whole string theme.
    and PARTIALLY Reverse the 30 years of Class Warfare waged By the rich through their bought lobbyists and representatives.
    Affirmation of one of my main themes here.

    Let's see how it does Now with the GOP unable to say "1 mil a year isn't rich", as they did with 250k.
    Last edited by mbig; 09-19-11 at 02:33 AM.
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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by mbig View Post
    I have been posting on this for a a year or two. Too many posts/string starts to even cite here. 100? And other boards too.
    I'm in favor of the Buffett Rule.
    Let's forget the relative pikers and the "250k" debate and go where the most disposable income/affordability/dead money lies.
    Buffett had proposed, I believe, 2 new brackets: 1 mil/10 mil and I support, in fact Advocated that for years.

    Say 40/50 or 50/60 percent rates for those groups. Which would be completely normal, if not lower than the Century's average.
    http://www.debatepolitics.com/econom...post1059220592 And of course the Whole string theme.
    and PARTIALLY Reverse the 30 years of Class Warfare waged By the rich through their bought lobbyists and representatives.
    Affirmation of one of my main themes here.

    Let's see how it does Now with the GOP unable to say "1 mil a year isn't rich", as they did with 250k.
    Those are horrendous tax rates.I guess only a lib would think that the government should steal most of the money you earn. That said I have to wonder if any American actually paid those horrendous tax rates after deductions were made.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

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    Re: Should the Buffett Rule" be made law?

    Well, like I have always said, the problem is not the stated tax rate, but the effective tax rate. Simply increasing the tax rate for the rich is not going to address the myriad loopholes that they use to pay little to no taxes at all. It might make some people feel better but it's not really doing anything.

    If the Buffett rule closes the loopholes then I'm all for it. There is no reason why 1% of the population should hold the majority of the nation's wealth. We're supposed to live in a democracy where elected representatives control the country, not the super rich. Allowing people to hold that much money is only detrimental to the stated foundations of America's formation.

    They should be paying their fair share, and that's that.

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    Re: Should the Buffett Rule" be made law?

    If Buffet wants to pay more, nobody is stopping him from sending in a check.

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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by Temporal View Post
    Well, like I have always said, the problem is not the stated tax rate, but the effective tax rate. Simply increasing the tax rate for the rich is not going to address the myriad loopholes that they use to pay little to no taxes at all. It might make some people feel better but it's not really doing anything.

    If the Buffett rule closes the loopholes then I'm all for it. There is no reason why 1% of the population should hold the majority of the nation's wealth. We're supposed to live in a democracy where elected representatives control the country, not the super rich. Allowing people to hold that much money is only detrimental to the stated foundations of America's formation.

    They should be paying their fair share, and that's that.
    1) HYPERBOLE much??
    2) Controlling what people have has never been part of America's foundation.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Should the Buffett Rule" be made law?

    Quote Originally Posted by jamesrage View Post
    Should the Buffett Rule" be made law?

    Yes
    No
    other
    I do not know

    Obama to propose new tax rate for millionaires - CNN.com
    The White House will propose a new tax rate for people earning more than $1 million a year to ensure that they pay at least the same percentage of their earnings in taxes as middle-income Americans, administration and White House officials told CNN on Sunday. Called the Buffett Rule, the proposal will be part of a comprehensive deficit reduction plan that President Barack Obama will unveil on Monday, according to a senior administration official and White House sources who spoke on condition of not being identified. The information was first reported by The New York Times.




    I pick other. I support making everyone pay he same percentage in income taxes regardless of income level and eliminating exemptions .
    Absolutely this should be implemented. $250,000 is too low to be our highest tax bracket. Having an additional bracket for millionaires will help ease the burden off of small business owners. I'm totally in favor of the Buffet Rule.
    Also, we need to legalize recreational drugs and prostitution.

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