Obama to Propose Buffett Rule: A Minimum Tax Rate for the Uber-Rich

Obama to Propose Buffett Rule: A Minimum Tax Rate for the Uber-Rich

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“The tenth rule of the ethics of rules and means is that you do what you can with what you have and clothe it in moral arguments. …the essence of Lenin’s speeches during this period was “They have the guns and therefore we are for peace and for reformation through the ballot. When we have the guns then it will be through the bullet.” And it was.”

–  Saul Alinsky, Rules for Radicals, P. 36-37 –

The end is a bigger centralized government, higher taxes on the wealthy and successful and more federal control of private enterprise.

The means is scaring people into believing that the only reason that they are not also wealthy and successful is because we don’t have these things.

From Daily Pundit:

Obama Tax Plan Would Ask More of Millionaires – NYTimes.com

WASHINGTON — President Obama on Monday will call for a new minimum tax rate for individuals making more than $1 million a year to ensure that they pay at least the same percentage of their earnings as middle-income taxpayers, according to administration officials.

Yawn. It that it? Is that all you got left?

Another freaking tax on rich people?

Do you have any idea just how pathetic you’ve become? This sort of crap won’t even motivate your base any more.

UPDATE: Tyler Durden suggests an unintended consequence.

We shouldn’t be surprised anymore by the left’s populist appeal to one class of Americans to stick it to another class of Americans. It has always attempted to further its agenda by convincing the majority of Americans that they are being lied to, cheated, abused, oppressed and victimized by a minority of Americans who have better lives than they do.

For example:

Fortunately, these tactics have become stale and every day more and more people are refusing to fall for them.

About Peter Pappas

Peter is a tax attorney and certified public acccountant with over 20 years experience helping taxpayers resolve their IRS and state tax problems.

He has represented thousands of taxpayers who have been experiencing difficulty dealing with the Internal Revenue Service or State tax officials.

He is a member of the American Association of Attorney-Certified Public Accountants, the Florida Bar Association and The Florida Institute of Certified Public Accountants and is admitted to practice before the United States Tax Court, the United States Supreme Court, U.S. District Courts - Middle District of Florida

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