Obama is talking up "the Buffet Rule" as his tax policy. Other than it hikes taxes for someone, little is known about it. NPR this morning made it sound like a hike in capitol gains tax. But no specifics. Democrats are talking it up as a "soak the rich" tax, but since there are no details, it is likely to wind up soaking everybody. "Pass it in order to see what's in it."
Far as I am concerned, we need to do some budget cuts BEFORE we do tax hikes.
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