Senate Republicans block “Buffett Rule”, which would have put a 30% income tax on millionaires
Democrats, as expected, failed to garner the 60 votes needed in the 100-member Senate to move to a full debate and vote on the bill aimed at getting more tax revenues out of the wealthy.
Obama and congressional Republicans are squaring off this week over the tax hikes for millionaires and a Republican plan to give new tax cuts for businesses.
“Tonight, Senate Republicans voted to block the Buffett Rule, choosing once again to protect tax breaks for the wealthiest few Americans at the expense of the middle class,” Obama said in a statement.
File under, “Not a shock”.
The thing is, 72% of Americans in general, and 53% of republicans polled supported it.
Gives you a pretty good idea who’s interest senate republicans serve.
