South Florida's wealthiest and most liberal 1% will be keen listeners as Obama lectures nation about 'fairness' and Buffett Rule in Florida this afternoon, but Swing Independent voters care less about 'fairness' than economic opportunity and job creation -real jobs!The Third Way think tank report is not good news for the folks at Obama-Biden 2012, given the heated and self-congratulatory rhetoric of many of their most fervent acolytes:
And the fact that the Buffett Rule would have little effect on tax revenue doesn't help, raising maybe $5.1 billion, and have no effect on the federal deficit or debt.
A 1% cut at every federal agency would result in over $33 billion in savings.
But that's NOT what Obama wants to do, is it?
Much ado about...
The National Journal
The Fairness Agenda Divides Democrats. Seriously.
By Jill Lawrence
April 9, 2012 | 11:00 PM
For a brief moment it seemed that Democrats had become the organized party Will Rogers never knew, orchestrating a seamless campaign against the unfairness they see in the tax code and their support for tax reforms meant to ensure that billionaires like Warren Buffett don't pay a lower tax rate than their secretaries.
But as President Obama and other Democrats ramp up for a Senate vote next week on the so-called Buffett rule, the centrist Democratic think tank Third Way is rudely interrupting the unity-fest with a warning that this is the wrong way to lock down wavering independents in swing states. These crucial voters prefer hearing candidates talk about opportunity, the group said.Read the rest of the post at:
White House Lays Out Case for Buffett Rule
By Steven T. Dennis, Roll Call Staff
April 10, 2012, 6 a.m.
The White House released a new report today backing President Barack Obama’s proposed Buffett Rule to impose a minimum 30 percent tax on incomes of more than $1 million in advance of a speech on the subject by the president this afternoon in Florida.http://www.rollcall.com/news/white-house-lays-out-case-buffett-rule-millionaires-tax-213696-1.html