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Old April 12th, 2012, 10:10 AM   #13
brewmenn
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Quote:
Originally Posted by aber61 View Post
I believe twisting the words to make them sound like your getting something would be Obama's Buffet Rule.
By Buffet saying his secretary pays more in taxes is a lie. Or his secretary makes more than him.
From the way I understand it is inverstment taxes is now 15% and Obama wants to raise those taxes to 30%.
Will that be enough to make a dent in our debt? Not.
We owe trillions and with tax increases on the wealthy would only bring in 40 some billion.

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No, what he said was that his secretary was paying a high tax rate, which is entirely possible because most of his income comes from investments, which is taxed at a lower rate while his secretary has to actually work for her money, which is taxed at a higher rate.

No single stroke of a pen will eliminate the trillions of dollars of debt. So by your logic we should do nothing? Every “little bit that won’t matter” has turned into a big stinking mess.
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