[sam_paine]

And of course, Buffett's income is sheltered and structured so that if the tax burden shifts more to the upper brackets than today, he will not have to pay one penny more.

Perhaps he knows this?

Moving to 'tax the ultra-rich' would effectively pit the IRS against the one group who can correctly deal with them via taxshelter shell games.

In effect, there are no multi-billionaires vis-a-vis the income tax segments. Gate and Buffet have 'reasonable' salaries, but their real 'wealth' is all at arms length.

So moving the tax burden to these non-existant people would (1) satisfy the class warfarists, and (2) reduce the taxes on the mid-class, too, while (3) not really gaining anything for the spenders in Washington.

[weegee]

Who said anything about reducing the tax on the middle class? They are for eliminating ALL taxes on the poor including any contribution TO the Socialist Security system.

Only the poor would pay no taxes under the “soak the rich” scheme.