Everything we do affects us all

February 17, 2012

"Help us make the Buffett Rule a Reality" President Barack Obama

The Goal of the 99% in this Election is to Pass the Buffett Rule: WE WANT OUR MONEY BACK! Get with the program my friends and patriots! First things must come first and we've got to get our funding and finances in order to do the things we all know we need to do investing in America again! We need our funding source back, fair tax revenue, the source that built the American Dream how else could we afford it? Hold all candidates accountable to take a position on this pending legislation! This issue joins all factions of patriotic free thinking Americans. Those of us who want a better environment and a stronger economy. WE WANT OUR MONEY BACK!

Buffett Rule:From Wikipedia, the free encyclopedia: The Buffett Rule is a tax plan proposed by President Barack Obama in 2011[1] to alleviate income inequality in the United States between the top 1% of Americans[2] and the remaining 99% of Americans, due to the disproportionate income growth in the 1% group as compared to the 99% group. The tax plan would apply to individuals earning more than $1 million per year; this comprised the top 450,000 of Americans by income when the rule was proposed.[3]

The plan is named after American investor Warren Buffett, who publicly stated in early 2011 that he disagreed with the rich paying less in federal taxes, as a portion of income, than the middle class, and has voiced support for increased taxes on the wealthy.[4] It would implement a higher minimum tax rate for taxpayers in the highest income bracket, to ensure that they do not pay a lower percentage of income in taxes than less-affluent Americans.[5]
A White House statement released in January 2012 defined the rule as part of "measures to ensure everyone making over a million dollars a year pays a minimum effective tax rate of at least 30%... implemented in a way that is equitable, including not disadvantaging individuals who make large charitable contributions."[6]http://en.wikipedia.org/wiki/Buffett_Rule%20

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