**Written by Doug Powers
Calling a vote for a tax increase on Tax Day? Next thing you know they’ll try to outlaw donut pillows and schedule the vote to coincide with National Hemorrhoid Awareness Month.
From National Journal:
Democrats will put the so-called “Buffett Rule” up for a vote on the Senate floor on Tax Day, said Sen. Chuck Schumer, who heads Senate Democrats’ policy and messaging shop, on Sunday.
The bill, which will be introduced by Sen. Sheldon Whitehouse, D-R.I., would require people who earn more than $1 million a year to pay at least a 30 percent tax rate. With little chance of passage, it will serve as a symbolic vote to show the Democratic position.
“If you are very wealthy, God bless you, you made a lot of money, we love you in America,” said Schumer, D-N.Y., on CBS’s Face the Nation. “But let’s be fair. You should pay more than your secretary, and that will be on the floor April 15, Tax Day.”
According to the Joint Committee on Taxation, if implemented, the “Buffett Rule” would only raise $47 billion over the next ten years.
To put that into context:
The Congressional Budget Office estimates that Obama’s 2013 budget plan would expand the deficit by $6.4 trillion over the next decade. The bill [Buffett Rule] would reduce that by 0.7 percent.
Speaking of budgets, the Dem-controlled Senate has now gone three years without passing one. They don’t have time for that, but they do have time for class theatrics on tax day.
Come on, Warren… just send it in already and help stop the insanity.
**Written by Doug Powers
Twitter @ThePowersThatBeblog comments powered by Disqus
November 28, 2012 09:22 AM by Doug Powers
November 7, 2012 02:19 PM by Doug Powers
August 25, 2012 02:04 PM by Doug Powers
July 16, 2012 11:13 AM by Doug Powers
Boehner to bring ‘Plan B’ to a vote in the House, force Dems to own the ‘largest tax increase in American history’
December 19, 2012 07:31 PM by Doug Powers
Gay Patriot» To those who think IRS snooping was masterminded by rogue agents . . .
Green Room» Feelgood video of the day
Green Room» New liberal idea: Let’s raise $660 million online in a month to buy the LA Times before the Koch brothers can
Gay Patriot» Scandal central? Or a whole lot of talk that will amount to nothing?
Gay Patriot» What took the IRS so long to come clean about the scandal?
Daily Caller» Lawmakers to investigate EPA FOIA scandal
Daily Caller» Top 5: Best videos of the Toilet Run at Preakness [VIDEO]
Green Room» Two House Dems demand Lerner resignation after using lobbyist to stage modified limited hangout