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American Oligarchy: The Republicans cock-block ‘Buffet Rule’ vote

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Arguing for more fairness in the nation’s tax code, Senate Democrats tried to bring legislation forward that would establish a 30% floor for households earning $1 million a year. Tried and failed. Predictably, the evil GOP strangled this baby in the crib so that their corporate masters won’t have to pay their fair share.

AND AMERICA WINS!

Via The New York Times:

Senate Republicans on Monday blocked a move to open debate on the so-called Buffett Rule, ensuring that a measure pressed for months by President Obama and Senate Democrats to ensure that the superrich pay a tax rate of at least 30 percent will not come to a decisive vote.

But the fierce debate preceding the 51-45 vote — the Democrats were nine votes short of the 60 they needed — set off a week of political wrangling over taxes that both parties insist they are already winning.

Senate Democrats intend to return repeatedly to the legislation, named after the billionaire investor Warren Buffett, who has complained that he pays a lower effective tax rate than his secretary. On Thursday, House Republicans will counter with a proposed tax cut for businesses that they say would spur job creation but would cost the Treasury almost exactly what the Democrats’ tax increase would raise.

Republicans say they like that contrast, and their language ahead of the vote on a motion just to take up the Buffett Rule was harsh and aimed squarely at Mr. Obama, who first proposed a 30-percent tax rate floor for anyone earning at least $1 million a year last September. Senator Mitch McConnell of Kentucky, the Republican minority leader, went to the Senate floor and all but called Mr. Obama a liar.

“By wasting so much time on this political gimmick that even Democrats admit won’t solve our larger problems, it’s shown the president is more interested in misleading people than he is in leading,” Mr. McConnell said of the Buffett Rule push.

Democrats said they saw that as a sign of weakness. Pointing to a Gallup poll from last week that indicated 60 percent of Americans supported the proposal, including 63 percent of political independents, Senator Charles E. Schumer, Democrat of New York, called the Republican response “proof positive” that “for first time in decades, maybe generations, they’re on the defensive on their signature issue,” taxes.

After he made that comment, a CNN poll was released putting support at 72 percent, including 53 percent of Republicans.

The Democrats have vowed to return to the Buffet Rule again and again. It’s an issue they should use to its full advantage, bludgeoning the Republicans senseless with it, by making it THE topic of the Spring and Summer months and lovingly placing it on their heads like a paper Burger King crown… or around their necks like a noose.

Why show these bastards any mercy when they’ve got their backs to a rather steep political cliff?

Just who does the GOP leadership thinks it’s fooling anymore? (Fox News viewers and Teabaggers aside, of course.) The Great Republican Crack-up of 2012 continues to pick up speed!

Below, Senator Bernie Sanders gives ‘em hell on the Senate floor yesterday:
 

Posted by Richard Metzger
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04.17.2012
02:13 pm
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