04-12-2012, 09:32 PM
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#11
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barely disguised asshole, keeper of all that is holy.
Join Date: Nov 2007
Posts: 23,401
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Quote:
Originally Posted by BigV
From WaPo:
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From Reuters
Quote:
Either way, the revenue is far less than the $1 trillion or more that would be lost from scrapping the alternative minimum tax. The AMT also is meant to be a minimum tax on the wealthy. Democrats have said the Buffett tax could replace the AMT.
The Buffett tax proposal has little chance of passing with Republicans in charge of the House of Representatives and its prospects in the Democratic-controlled U.S. Senate are murky.
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"like strapping a pillow on a bull in a china shop" Bullitt
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