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Senate R’s Derail ‘Buffet Rule’

Grant Youngman, right, and Leslie Harris wear costumes and hold signs during an Occupy Dallas tax day protest outside the Citigroup shareholders meeting Tuesday in Dallas. (AP Photo/LM Otero)

Senate Republicans derailed a Democratic “Buffett rule” bill Monday that would have forced the nation’s top earners to pay at least 30 percent of their income in taxes, using the day before Americans’ taxes are due to defy President Barack Obama on one of his signature election-year issues. By a near party-line 51-45 tally, senators voted to keep the bill alive but fell nine votes short of the 60 needed to continue debating the measure. The anti-climactic outcome was no surprise to anyone in a vote that was designed more to win over voters and embarrass senators in close races than to push legislation into law. At the White House, Obama denounced the vote, saying Republicans chose “once again to protect tax breaks for the wealthiest few Americans at the expense of the middle class.” In a statement issued after the vote, he said he would keep pressing Congress to help the middle class/Associated Press. More here. (SR file photo for illustrative purposes)

Question: Do you think rich people pay a fair share of their income in taxes?



D.F. Oliveria
D.F. (Dave) Oliveria joined The Spokesman-Review in 1984. He currently is a columnist and compiles the Huckleberries Online blog and writes about North Idaho in his Huckleberries column.

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