buffett rule

Conservatives are trumpeting a new video in which a younger Obama embraces the dreaded socialist sin of redistribution. His earlier words will no doubt hurt Obama among some segment of the electorate -- even though most voters in both parties, whether they realize it or not, actually favor a host...
09/20/2012
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Economic inequality is a famously complex phenomenon, but some parts of this trend are quite simple: Like how today's rich are benefiting from a rare confluence of record high compensation and record low taxes. The most striking example can be found on Wall Street, where hedge fund managers have...
08/20/2012
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The “Buffett Rule” proposed by President Obama and now being considered by the Senate would be an important symbolic step toward a fairer tax system. By instituting a minimum tax on very high earners, it would advance the principle of progressive taxation and reform the tax code in an...
04/12/2012
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“Tax fairness” is defined very differently by Americans from various walks of life. Despite this divide, there is a substantial shared vision: a majority of Americans believe that the government should be doing more to help people, and the vast majority believe that wealthier...
04/10/2012
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The opening sentence of "Reducing the Deficit by Increasing Individual Income Tax Rates", a paper [pdf] jointly authored by the Pew Charitable Trust and Tax Policy Center, is worth noting: "Current federal budget policies are unsustainable." (A month before publication, the US debt-to-GDP ratio...
03/13/2012
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One of the most troubling economic facts of the past few years is that many of the very same people who helped crash the economy saw their fortunes rebound the fastest after the financial crisis of 2008. Meanwhile, the innocent bystanders who had nothing to do with the financial crash -- e.g., most...
03/07/2012
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With polls showing strong public support for tax hikes on the rich, Republicans should hardly relish a fight with President Obama over “class warfare.” And yet, for weeks, GOP leaders have been bashing the White House for a tax plan that affects just 2 percent of U.S. households and lets the...
09/27/2011
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There are a great many ways in which the "Buffett rule" is a very clever proposal. It highlights an appalling loophole in the tax code, aligns Obama with America's most successful investor, and has focused attention on how Obama wants to raise taxes on the truly well off, as opposed to all those...
09/26/2011
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Here in the egalitarian paradise of the United States, there is apparently nothing worse than “class warfare” – which is why Republicans are trying to affix this damning label to President Obama’s new plan to raise taxes on the rich. One hitch, though, is that the...
09/23/2011
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President Barack Obama has backed into a salutary politics of class. I keep thinking of Winston Churchill’s line: You can always count on Americans to do the right thing — after they’ve tried everything else.  How he got there was infuriating. All it took was the liberal...
09/21/2011
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