Were Republicans right to shutdown the Buffet Rule for being a cheap political ploy by the Democrats?

	Were Republicans right to shutdown the Buffet Rule for being a cheap political ploy by the Democrats? At $42 billion over 10 years it is a f@rt in a whirl wind compared to Democrat spending. Asked By: Pied Hussein Piper - 4/16/2012

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When the incumbent was campaigning for the presidency in 07 & 08, the incumbent railed against the 3 or 4 trillion deficit added totaling to 9 trillion with the former spending more than his predecessors & burdening americas children with the debt the former has added as he claimed then. The incumbent also promised to not pit red america against blue america & cut the deficit in half, now the deficit is over 16 trillion with another 2 or 3 trillion that will be added for the year or next year doubling all predecessors deficit in just 3 years. Instead of Health Care Premiums decreasing $2500 it increased $2200 about 9?ncrease to what it was. The incumbent also commissioned to a bipartisan debt-commission just to dismiss their proposal (Simpson-Bowles plan). Buffet & those in his league ($B) will be the only ones who can afford the risk in investing, tax of the buffet rule, & the team of accountants to escape the rule with deductions. With this proposal will be a means to influence political policies to ensure them where to place or redirect their investments in commodities, precious metals, etc. Flat or fair tax may be what's needed to close loopholes, waivers, tax credits, subsidies, & bailouts that J. Imelt, W. Buffet (WS trader), J. Kerry, G. Kaiser, P. Stryker, & other cronies in their league ($B) enjoy so much & made their $B. The proposed buffet rule wouldn't make a dent on the deficit as it will be spent in a day or two. Currently we are spending 2 or 3 trillion annually. As free riders, collectors, or bureaucratic agencies have shown, the more handout or collection they receive the more reckless they become. Thus you have GSA acting like third world politicians & bureaucrats, without any gratitude or shame towards those where handouts were taken from. You can take the fortune of all billionaires, quarter millionaires in the U.S. & it would not even cover 1 trillion of the current spending. The scheme of things are more towards fattening some people & their business's wallet whether it be in energy, health-care, agriculture or investment. Desperately wanting & begging to be foreign powers best customers may suggest may involve inside deals with Opec countries. Solyndra & Abound Solar seems to be just temporary. GM, along with GE, fast food, Unions & others receiving Health-Care Waivers & Tax freebies. Imelt must love being a Jobs adviser maybe that's why he shifted half of GEs labor force out of the U.S. mainly India & China whom the incumbent decides to talk tough against when kiss/licking China's behind for the past 3 years to get them to buy more U.S. debt going as far as subsidizing China (prostitute study) along with Finland & others. The U.S. is not in the position of leverage due to China owning U.S. debt. http://www.mediaite.com/tv/bret-baier-takes-on-jay-carney-senate-democrats-have-not-passed-budget-resolution-in-1070-days-why/ http://www.freerepublic.com/focus/f-news/2375702/posts http://www.youtube.com/watch?v=ngUaiuyVbG4 http://www.youtube.com/watch?v=dSppoXisyB0&feature=related http://www.youtube.com/watch?v=BqHL404zhcU http://www.youtube.com/watch?v=zt3vwWfP-EA&list=LLNU8Kk8aWDimdqWlUKi_FTg&feature=mh_lolz http://answers.yahoo.com/question/index?qid=20120229074618AA2iUL4 Fair share? I pay income tax & will get huge refund if I have dependents & will get all my income tax plus extra if I worked only 3, 6, or 9 months of the year. If I have dependent minors I will get food stamp, wic, health care, & allowance money at the rate of minimum wage earners without tax deductions. I don't worry about Pay Roll Taxes, Import taxes, Excise tax, Business taxes, Alternative Minimum Tax, Estate Taxes, Property taxes, Investment taxes, Corporate Taxes, Capital Gains Taxes, Gift Taxes & other taxes added to earnings already taxed that the middle & above does except sales taxes that wouldn't really matter if I get everything back plus extra. Fair Share is the slogan of the workers party in cuba, n korea, & ussr yet nobody outside of the ruling elite earns $70 or higher per hour to install tires. http://answers.yahoo.com/question/index?qid=20111026181056AAWbXhZ The Camry hybrid is better than the Volt cause consumers are paying for the product in the Camry, not the Union label added to the cost that the Co management & union members pay as protection money to the union boses/management. Answered By: Blanco Y Egro comedones - 4/16/2012

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No. Why are the Republicans against fair taxation? Once again, they have championed the wealthy at the expense of the middle class. The Buffet Rule should be called “Reagan Rule.” “We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. They sometimes made it possible for millionaires to pay nothing, while a bus driver was paying 10?f his salary, and that’s crazy.” ~ Ronald Reagan ## Answered By: iris054 - 4/17/2012

Yup, nothing but posturing by Obammer Answered By: RMPA - 4/16/2012

Of course. It WAS a cheap political ploy as ABSOLUTELY PROVED by the fact that the BUFFET rule would NOT TOUCH BUFFET in ANY way. Answered By: Peace through blinding force - 4/16/2012

$42 billion is more than zero, which is exactly what the Republicans have done to reduce the deficit since taking office. Answered By: Sam - 4/16/2012

Yes. New revenues are minuscule compared with the overspending. We should make a deal with Dems. For every $2T in spending they cut, we'll let them raise a new $42B. Answered By: WJ - 4/16/2012

All republicans can do is say NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO Answered By: Jake - 4/16/2012

Should that rule become law,how could the job creators create jobs?That is why the Democrats let the job creators keep there Busch tax cuts so the cut keep on creating good jobs.And we can see the good results.Happy New Year. Answered By: dieter b - 4/16/2012

Your right it's nothing, but after the beating the middle class took since 2007 losing jobs losing there homes losing there way of life, what have the super rich done besides get richer and pay even less taxes, the Buffet Rule if anything would have been symbolic you know a little shared sacrifice. but the republicans don't want that oh hell no. the republicans might think it's a victory in killing the Buffet Rule but really it's a loss on many levels. got to give a little to get a little. and there is a whole lot of nothing going on in the senate. Answered By: EviL - 4/16/2012

Democrats, as expected, failed to garner the 60 votes needed in the 100-member Senate to move to a full debate and vote on the bill aimed at getting more tax revenues out of the wealthy wasting so much time on this political gimmick that even Democrats admit won’t solve our larger problems, it’s shown the president is more interested in misleading people than he is in leading,” Source(s): http://www.nytimes.com/2012/04/17/us/politics/buffett-rule-debate-blocked-by-republicans.html Answered By: wtinc - 4/16/2012

No. It is still $4 billion a year in the right direction, you have to start somewhere. Too bad the Republicans wont cut the spending, $125 billion a year on 1000 plus foreign military installations, $300 billion a year on the wars, over $100 billion a year in corporate welfare, $70 billion a year in tax cuts for millionaires and billionaires. No that is spending they want, it protects their corporate masters. They just want to cut spending on Americans. Answered By: AMERICA IS DEAD - 4/16/2012

Yes,The Democrats had a chance to raise taxes on the rich when they controlled the Presidency and Both Houses of Congress with veto proof majorities and let's not forget while Warren Buffet is running around the country telling everybody that his secretary pays more in taxes then he does, we find out that company Mr. Buffet founded is negotiating with Tim Guitner who is also a tax cheat to pay back a portion of the hundreds of millions of dollars in back taxes that they owe the government. Source(s): Tim Guitners testimony before4 Congress, Warren Buffet founder of Berkshire Hataway Answered By: Slicker - 4/16/2012

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