Good News: Buffett Rule Would Net $50 Billion in New Revenue Each Year. Bad News: We Spend $10 Billion a Day.
Citizens For Tax Justice has the story here. All the class warfare being perpetrated by the Obama Administration over the Buffett Rule doesn’t add up to a hill of beans, literally. It would bring in enough revenue to operate for five days. Just shows their re-election strategy is all class-warfare and no real plan to reduce the deficit.
2 Responses to Good News: Buffett Rule Would Net $50 Billion in New Revenue Each Year. Bad News: We Spend $10 Billion a Day.
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Warren Buffett’s billions in insurance companies stand to gain more from his tax proposal than he would lose in taxes.
Never trust Warren Buffett.
Just shows how stupid this admin is with all their “Fuzzy math”. Read the book “Throw them all out”‘ Pelosi needs to go too and probably 30-40 others in the coming elections. Congress needs to get out of bed with Buffett.