President Obama has recently been touting the Buffett Rule, a proposed new tax on the uber-wealthy, named for famed billionaire Warren Buffet. Buffett has been vocal in his support for higher taxes on high-income earners, claiming that he pays fewer taxes than his secretary.
No word on whether or not Buffett has voluntarily donated to the government.
This is such a dumb idea. First of all, why should we punish people for their financial success? Secondly, the wealthy already pay the lion’s share of the taxes in our country. All of those percentages being tossed around, like Warren Buffett paying a lower percentage than his two hundred thousand dollar a year secretary are skewed numbers, because no one seems to understands what “income” is.
Super rich people make money from capital gains and dividends, which they then turn around and reinvest into the economy. Raising taxes on capital gains means that rich people employers won’t be able to create jobs.
President Obama turned to social media on Tuesday to promote the ridiculous lie that implementing the Buffett Rule will solve our economic woes. As conservatives on Twitter love to do, we took over the hashtag, and hilariousness ensued.
Here are some of the best tweets:
Does the #BuffettRule force citizens to use clean plates every time they get more food? Oh, wait, that's the Buffet Rule. -@realleighscott
the salad bar is only useful for putting bacon and cheese on your baked potato #BuffettRule @mamaswati
Wear your stretchy pants. (Unless you're a millionaire. Then you should tighten your belt & donate your food to other diners.) #BuffettRule @prosehaikus
Sneeze guards are there FOR A REASON. #buffetrule @NewDealGin
Sorry, no contraception provided. #BuffettRule @BobHicks_
Where 30% gratuity is mandatory. And so is picking up the tab for the rest of the party.#BuffettRule @red_red_head
#BuffettRule Those $50,000 hot lamps over the tater tots? Yep, Solyndra. @CuffyMeh
Don’t let it be said that conservatives don’t have a sense of humor.
Image via Mario Tama/Flickr


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Comments 35
With that said, I think the Buffet rule is misguided. Using snark is usually not a good way to get people to agree with opposing opinions, though (see Rush Limbaugh and Bill Maher).
It may be true that the "trickle down" theory doesn't work but it is also true that giving more entitlements to the lower income class doesn't works either. As always, it the middle class that gets screwed!!!
Oh, and Warren Buffet could and should pay more but he and his accounts know how to use all of the loop holes to prevent him from doing so. If he and Mr. Obama really want to make a difference, then Mr. Obama should have laws put in place that the rich can't use anymore loop holes but that won't happen because both sides our of government panders to the rich.
I don't agree wealthy should pay more taxes we are suppose to be created equal... hmmm