``The $1.5 trillion in tax revenue would include about $800 billion realized over 10 years from repealing the Bush-era tax rates for couples making more than $250,000. It also would place limits on deductions for wealthy filers and end certain corporate loopholes and subsidies for oil and gas companies. In addition to that, Obama has proposed a so-called "Buffet Rule," raising taxes on America's wealthiest citizens, which some pundits have called a populist move. However, what some are calling a populist move, House Budget Committee Chairman Paul Ryan derided as "class warfare.''

Comments: Be the first to add a comment

add a comment | go to forum thread