President Obama on the Buffett Rule

Discussion in 'Current Events' started by Cigar, Apr 18, 2012.

  1. Cigar

    Cigar Well-Known Member Past Donor

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    The White House

    Office of the Press Secretary
    For Immediate Release
    April 16, 2012

    Statement by the President on the Buffett Rule

    Tonight, Senate Republicans voted to block the Buffett Rule, choosing once again to protect tax breaks for the wealthiest few Americans at the expense of the middle class.

    The Buffett Rule is common sense. At a time when we have significant deficits to close and serious investments to make to strengthen our economy, we simply cannot afford to keep spending money on tax cuts that the wealthiest Americans don’t need and didn’t ask for. But it’s also about basic fairness – it’s just plain wrong that millions of middle-class Americans pay a higher share of their income in taxes than some millionaires and billionaires. America prospers when we’re all in it together and everyone has the opportunity to succeed.

    One of the fundamental challenges of our time is building an economy where everyone gets a fair shot, everyone does their fair share, and everyone plays by the same rules. And I will continue to push Congress to take steps to not only restore economic security for the middle class and those trying to reach the middle class, but also to create an economy that’s built to last.

    http://www.whitehouse.gov/the-press-office/2012/04/16/statement-president-buffett-rule



    Kinda makes common sense
     
    waltky and (deleted member) like this.
  2. The Mello Guy

    The Mello Guy Well-Known Member

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    you only think it makes sense because you dont think money earned through your labor is less valauable than money earned from already having money.

    so you dont undesrtand the GOP
     
  3. waltky

    waltky Well-Known Member

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    Granny says, "You tell `em Uncle Joe...
    :winner:
    ‘Nothing Has Been Asked’ of Millionaires ‘In This Horrendous Recession’
    July 3, 2012 – “Millionaires are just as patriotic as poor people” Vice President Joe Biden told members of the National Education Association in Washington on Tuesday.
     

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