Buffett rule is a calculated distraction
Warren Buffett.
April 10th, 2012
02:47 PM ET

Buffett rule is a calculated distraction

Editor's Note: J.D. Foster is the Norman B. Ture Senior Fellow in the Economics of Fiscal Policy at The Heritage Foundation, a conservative think tank in Washington, D.C.  Curtis Dubay is a Senior Policy Analyst at The Heritage Foundation. They both blog at The Foundry, where this was originally published.

By J.D. Foster and Curtis Dubay, The Foundry

What do you do when you’re losing a debate?  Change the subject.  That’s really all you need to know to understand President Obama’s resuscitation of his infamous “Buffett Rule” that would impose a minimum 30 percent effective tax rate on businesses and families earning $1 million.

The Supreme Court gave Obamacare a nasty audition two weeks ago, leaving even staunch defenders of the law grasping for straws while the former constitutional law professor now in the White House outrageously flailed the court for doing exactly what the Constitution intends.  So what is the President’s response? Change the subject, of course. FULL POST

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Topics: Economy • Politics • President Obama