Nebraskans like ‘Buffett Rule' for the wealthy
Source: Omaha World Herald
By Steve Jordon
Nebraskans like the Buffett Rule.
By 2-to-1, they favor a minimum 30 percent federal income tax for people who make $1 million or more, a concept backed by President Barack Obama and championed by Omaha investor Warren Buffett because his tax rate is much lower than his secretary's.
The World-Herald Poll found that Nebraskans, including a plurality of Republicans and a strong majority of higher-income people, favored the tax proposal even though, in the same poll, a majority said they will vote against Obama.
The only group with even a plurality against the proposal were those who said they plan to vote for Mitt Romney, the Republican nominee for president, with 48 percent opposed to the tax idea and 44 percent in favor. Among those who plan to vote for Obama, a Democrat, 89 percent were in favor, as were 73 percent of undecided voters.
FULL story and charts at link.
Read more: http://www.omaha.com/article/20120928/NEWS/709289918/1685#
Lucky Luciano
(11,257 posts)toby jo
(1,269 posts)liberalmike27
(2,479 posts)To just pass a law to say they pay the same taxes as everyone else who earns money? Why do we even have two tax rates? Just say the Buffet rule is to have them pay the same graduated tax rate as everyone. It'd end up with most of the rich paying roughly the same anyway.
When they complain about double-taxation, just point out we're all multiply taxed, and when it happens to the poor, it's much, much worse, as they have far less left after all types of taxes are paid, which is far more important to fairness anyway.