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g5jamz

What's Really The Point Of The Buffett Rule?

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Does anyone really think that's going to make sort of difference in our revenue stream/system?

http://www.cbsnews.com/8301-503544_162-57412386-503544/obama-we-could-call-the-buffett-rule-the-reagan-rule/

White House officials this week conceded the Buffett Rule would only produce $47 billion over ten years in additional tax revenue for the government, CBS News White House correspondent Mark Knoller reported. That amounts to just 0.6 percent of the $7 trillion in spending projected for that period. Still, a White House official called that a "meaningful amount of money" that more importantly addresses "a basic principle of tax fairness."

So...$4.7 billion dollars a year? Does anyone know how fast the government spends $4.7 billion dollars?

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The bush tax cuts for the wealthy are worth 1 Trillion over the next 10 years.

Let that expire & with the Buffet rule, we will have another $1,047,000,000,000 to bomb the Muslims with!

But yeah, you are right. I piss on $47 billion dollars. meh.

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The bush tax cuts for the wealthy are worth 1 Trillion over the next 10 years.

Let that expire & with the Buffet rule, we will have another $1,047,000,000,000 to bomb the Muslims with!

But yeah, you are right. I piss on $47 billion dollars. meh.

Because the Bush tax cuts were passed via reconciliation...they automatically expire after 10 years. So unless Obama chooses NOT to sign it back into law...or the next president...they go bye bye. So bringing that up is nonsense...that's IF a law didn't have a sunset provision written into it.

4POINT7...not 47

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To limit the number of times one can go through the line. Bs I know.

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This sounds familiar...

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Anywhere is a start.

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Rid of loopholes first. Then we'll talk. Buffett rule doesn't fix anything but put another layer on top of stupid layer.

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They need to start with the Bush tax cuts. The Bush tax cuts were suppposed to make the rich richer, in hopes that they would use the extra money to start more businesses with in the US, in turn reducing unemployment.

But instead, they wealthy just sent all of our jobs overseas, and pocketed the extra money. Ronald Reagan's "tricle down economics" has failed us. Are we any better off now that we were then? no, we are much much worse.

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This sounds familiar...

You've clearly super imposed the GOD of the republican party! He would never speak such blasphemy!

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