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Hmm: 60 Percent of Americans Support “Buffett Rule”

Jackie182 Wrote: Apr 16, 2012 5:59 AM
74% of U.S. adults have graduated from high school. Is it not then surprising that the populace is ill equipped to understand basic economics, much less the tax laws? For this we can thank the culture of ignorance perpetuated by our lousy public teaching system.

For weeks President Obama has traveled the country delivering speech after speech asserting that if implemented, the so-called “Buffett Rule” would “stabilize” our national debt over the next ten years. In reality, however, it would do almost nothing to solve our lingering budget woes or pay off our national debt. Nevertheless, his unrelenting tax-the-rich mantra seems to be resonating with voters. According to the latest Gallup poll, 6 in 10 Americans support the Buffett rule – named for billionaire investor Warren Buffett – a policy that would impose a 30...

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