Harry Reid (D-Nev.), Senate Majority Leader, will reportedly force a vote on the “Buffett Rule” for the first time in Senate history. An aide for the Democrat stated that Reid is planning the vote for when the Senate comes back from a two-week recess on April 16th.
For those unfamiliar, the Buffett Rule would require citizens who make over $1 million to pay a minimum of 30 percent on their income for taxes. The legislation to make the Buffett Rule law was filed in January by Senator Sheldon Whitehouse (D-R.I.). The vote that Reid plans to force will see if the Senate will move forward with the bill or not.
Reid planned to file cloture (the required procedural motion to begin debate on a bill) on the legislation as he walked out of the door today, meaning that the Senate will vote on it as soon as it gets back from recess. It is definitely not coincidence that the vote is timed to be the day before tax season ends.
Jay Carney, White House Press Secretary commented about the rule that:
“In the next few weeks, Members of Congress will get a chance to vote on the Buffett Rule, and show the American people whether they are willing to make sure the middle class gets a fair shake…we urge Members to vote for this common sense approach.”
There is a very low chance that the bill will actually pass, considering that no Republican to date has even mentioned the possibility of supporting the bill. Harry Reid’s timing in the forced vote is also no coincidence, considering that this is election year. This vote will allow Democrats to continue to hammer their election-year message in: Republicans side with the rich, while Democrats continue to fight for the middle class.
President Obama can be counted among Harry Reid’s supporters in the Buffett Rule vote, as he fully supported the bill in his State of the Union address.
Check out the video below, where President Obama supports the Rule in the State of the Union:
We all know the Repubs are for the rich, how can they even expect to win in any election, when they show there true colors to the American people, the trouble they think that all Americans are stupid, and they will vote repubic , guess what times are differant now, I for one would never vote for a repubic again, selfish people, don't care about anybody.
Oh, so Harry Reid will try to push this through but won't bring a budget proposal from Paul Ryan to the floor. The senate if required by our laws to pass a budget each year. Three years, no budget. I guess if you're a democrat in the senate you're above the law. Give me a break.
Both sides scare me with the way they want to manage this country. Why can't we find anyone with a true heart to make a difference coupled with common sense?
As a poor person,, and a older American, I was brought, up to make it myself,, we didn't get hand outs or expect them ,, why should one American be taxes more than the the other American, you should take pride in what you can do for your self, and leave other people s money along,
Is there such a person?
I think it would be eminently fair for those making a million dollars a year or more, to actually PAY taxes like the rest of us, which they don't, as a result of loopholes, exemptions, credits, and deductions leaving their 'taxable income' around 10% of what they actually earn, NONETHELESS, I am realistic enough to know if this 'Buffet Rule' is passed, we'll see an ever greater exodus of jobs from this country, as 'job creators' will be ever more inclined to move overseas to do their job creating. It's a vicious cycle – the rich get richer, the poor get poorer, and Congress likes it that way.
I'm for anybody who is willing to start a business and give people a job, I'm for those who invest in this country, and I doubt a poor person would be able to do this. The democrats lie over and over again about mostly republicans. Just think if you worked hard and was very successful and these politicians were constantly going after you for more and more of your hard earned money why would you even want to keep trying, if that was me I'd take my business to a place that appreciates my investments and suppling jobs for others. My husband is a small business owner in construction and we never seen any monetary help from Obama's stimulus,(wouldn't take it anyway) even though they will tell you different it is NOT true. Self reliance is what this country and the American people are about, if we are seeing any relief from the struggles in this country its only b/c the American people are the ones making it happen and not this government.
The worst part is this won't effect Buffett. He only pays himself $100K a year. He makes his money off his stock options, have the government start taxing that. Oh yeah, thats how most of them make their money as well, so they won't
Debbie Dempsey ….need a multiple like button…you are spot on with this response…dems don't get it…most never will get it…
How bout you pay 30 percent, lets punish someone for being successful real smart.
As I stated before, someone has to be in our corner, the problem is in Congress, these so called career politicians want to move backwards instead of forwards.You know how those older politics used to work, buy change is a big deal to them that's why they do extensions instead of tackling the problems head on. They are AFRAID that if they did the righ thing it would cost theem a vote or votes. Lets face the truth here, they don't like change for the good, they say Oh th American people don't want that, I say who the hell are you to tell me what's right for me , not you You dumbass Republicans.