Wednesday, April 11, 2012

Buffeted by the Buffet Rule

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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