[muawiyah]

It's not surprising.

Many people imagine federal income tax constitutes the greater part of the tax burden in this country.

Still, as large as it is, federal income tax is less than half.

[shalom aleichem]

But is would be “fair”. Bambi has actually said that before.

[E. Pluribus Unum]

Obama said it's not about revenue, it's about "fairness."

"Fairness" is code for "get Whitey."

[taxcontrol]

Interesting chart.

Now see how much additional revenue would be brought in by having everyone pay at least 10% (current bottom tax rate). It would bring in more money. Sad thing is, the same condition is true. It would not be enough.

What is needed is a substantial reset of federal spending.

[beethovenfan]

This economy has had all the buffeting it can take.

[Thom Pain]

If Mr. Buffett's secretary is paying a higher percentage tax than he is simply lower her rate until they align.

[JIM O]

Bump

[ilgipper]

The GOP should just pass the bill only on people in the Gates and Buffett income range. They want it, they can pay more. The the other 310,000,098 people can proceed as usual. Set the rate at 90% for these two.

[stilloftyhenight]

If the likes of Buffet and the Democratic leadership would pay the taxes they already owe, perhaps they would have some credibility on the issue and our money problem would be one step closer to being solved. Flaming hypocrites.

[Ingtar]

As of 2006, eliminating the EITC would gain the Feds $46 billion.