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<blockquote data-quote="moreluck" data-source="post: 932136" data-attributes="member: 1246">Re: ObamanomicsWednesday, January 25, 2012 @ 7:02 pm |&nbsp; Senate Dems Want To Rename Obama’s So-Called “Buffett Rule” To The “Romney Rule”…Why not the “Kerry Rule”? He’s richer than Romney (thanks to Teresa) and only pays a 13% tax rate.(WSJ) — As they say in politics, branding is everything.
Senate Democratic leaders suggested Wednesday that the so-called Buffett Rule should be renamed the Romney Rule, after GOP presidential hopeful Mitt Romneysaid this week that he paid less than 15% of his roughly $20 million in income in federal income taxes in 2010.

The proposal — dubbed the Buffett Rule by President Barack Obama — a nod to billionaire Warren Buffett who famously said his tax rate was a lot lower than his secretary’s, and that shouldn’t be — would require households earning more than $1 million to pay an effective federal tax rate of at least 30%.
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[QUOTE="moreluck, post: 932136, member: 1246"] [B]Re: Obamanomics[/B] Wednesday, January 25, 2012 @ 7:02 pm [B]|[/B] Senate Dems Want To Rename Obama’s So-Called “Buffett Rule” To The “Romney Rule”… Why not the “Kerry Rule”? He’s richer than Romney (thanks to Teresa) and only pays a 13% tax rate. [INDENT](WSJ) — As they say in politics, branding is everything. Senate Democratic leaders suggested Wednesday that the so-called Buffett Rule should be renamed the Romney Rule, after GOP presidential hopeful Mitt Romneysaid this week that he paid less than 15% of his roughly $20 million in income in federal income taxes in 2010. The proposal — dubbed the Buffett Rule by President Barack Obama — a nod to billionaire Warren Buffett who famously said his tax rate was a lot lower than his secretary’s, and that shouldn’t be — would require households earning more than $1 million to pay an effective federal tax rate of at least 30%. [/INDENT] [/QUOTE]

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