Tag Archives: tax rates

Buffett Rule: Job killer or reasonable policy?

With the Buffett rule up for a Senate vote next week, the PR machine has moved into high gear as interest groups try to build public support for their side.

Depending on who’s talking, the proposed new tax rate for millionaires would be a massive job killer or a reasonable step toward balancing the federal budget.

Among the press releases landing in my inbox today were missives from the International Franchise Association and a group called United for a Fair Economy.

Guess which one supports raising taxes on rich folks.

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Blame the wealthy — then make ’em pay

Rich Americans need to get on the ball. The recovery is slowing down and it’s all their fault.

If they don’t start spending — and I mean really spending — some economists think their tight-fisted attitude could push the economy back into recession.

Sounds kind of selfish, to me. A true patriot would be willing to spend freely to get the economy bustling again.

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