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Saturday, April 7, 2012

The Buffet Rule

The liberals think that the world will be saved if we impose the so called buffet rule that obama has been touting. Obama has convinced most of his base that our problem isn't that we are spending to much but are taxing to little. Well lets see what the buffet rule will do for the bottom line, will we be saved ?

Difference Does Obama’s “Buffett Rule” Make?

President Obama and Democrats have been talking up the Buffett Rule (a minimum 30% tax on people making over $1 million per year) for some time now. So what kind of difference does the Buffett Rule make?
I've seen revenue estimates between $30 billion and $40 billion over 10 years, but what kind of difference would that make in the scope of government finances?
Not too much.

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