"Once abolish God and the government becomes the God." -G.K. Chesterton

Saturday, April 14, 2012

Everything You Wanted to Know About the Buffett Rule

Of course it's phony. Does anyone expect this president to really demand that the millionaires and billionaires who show up at $40,000 per plate dinners to stop funding his campaign, accept the idea of attaining less wealth, and fork over more taxes with no expectation of a return on their investment?

Don't be silly. It's the same reason Warren Buffett is fighting his tax bill while claiming he doesn't pay his fair share - optics to make Big Government grifters seem like do-good, generous grandparents. In fact, everything you need to know about the "Buffett Rule" has already been covered in last year's post, Brother Obama's Wealthy Traveling Salvation Show. Since the administration's class warfare strategy doesn't seem to be going anywhere soon, it's worth rereading.