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The Buffett Tax’s Bad Day

RNC Communications - April 10, 2012

National Journal: The Buffett Rule Won’t Get You a Job. “On the seventh and final page of its background report on the Buffett Rule, out this morning, the Obama administration finally dives into what it calls “the economic rationale” for imposing a new minimum tax rate on millionaires. If you’re an unemployed American, that placement should be your first red flag. The second should be the rationale itself. Once you read it, you’ll realize the Buffett Rule has nothing to do with helping you, or 13 million other Americans looking for work as of March, find a job.” http://bit.ly/HYu2HH

Christian Science Monitor: Buffett Rule: Could It Backfire On Democrats? “Yet polling suggests that taxing the rich might not be a winning issue for Obama in November. While the Buffett Rule is widely popular – more than 6 in 10 Americans support the measure, according to a March Reuters/Ipsos poll – the larger economic argument centered around “fairness” may be problematic for the independent voters ... more


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