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What are your feelings on the Buffet Rule?

Your opinion of the Buffet Rule

  • It will hurt job creators

    Votes: 11 29.7%
  • It will raise revenue and help the economy

    Votes: 19 51.4%
  • It will promote laziness

    Votes: 7 18.9%
  • It is the definition of socialism

    Votes: 6 16.2%
  • It will help close the gap between the middle class and rich

    Votes: 16 43.2%
  • It punishes the upper tier of social darwinism

    Votes: 5 13.5%

  • Total voters
    37
Thats what your levied taxs on...income...

Sales tax are levied on exchange of goods. Sales taxes are based on how much you buy, not how much income you have. If you want so badly for taxes to be based purely on income, then eliminate all forms of taxes but income tax. I'm sure investors, like Buffet, would love that.

Also, I think you're confusing income with assets. You pay your taxes with assets. If you have no income for a year and buy a candy bar with a dollar you have from three years ago you got for helping an old lady with her groceries, that dollar bill was income when you received it, became assets when you kept it, and was levied for the exchange of the candy bar in sales tax, as an asset.
 
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