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While it was a bit monotonous for the first hour last week, some folks eventually did call in, and we had a lively discussion on the so-called "Buffet Rule". In fact, enough interest was generated, for us to continue the discussion this Saturday.
While I have made it a point to take issue with what I see as a disingenuous and 1/2-truth attempt to play politics, recent information I received, which provided a deeper insight into the tax structure and its impact on the economy may get me to rethink things a little.
If the information is valid, I none the less, maintain the argument that the President, Mr. Buffet and the Democrats in Congress, have blown a huge opportunity to present their case to the American people, as to why their plan should be adopted; if they'd only avoided election year posturing and grandstanding.
Well, we'll see on Critical Discourse, what the real deal is, regarding taxation. Are the DEMS correct in that the "super rich" do not pay their fair share of taxes? Is the GOP engaging in its own election year rhetoric, with the notion of "class warfare"?
For your benefit, visit these sites:
http://www.huffingtonpost.com/2012/04/16/buffett-rule-vote-fails-senate_n_1429657.html
http://www.bankrate.com/calculators/tax-planning/quick-tax-rate-calculator.aspx
http://beginnersinvest.about.com/od/dividendsdrips1/a/dividend-tax-rates.htm