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IndyPragmatist Donating Member (556 posts) Send PM | Profile | Ignore Tue Sep-20-11 07:49 AM
Original message
I have something that I'm sure many of you thought didn't exist...
A news article from Fox News that most here will agree with.

Yes, thats right. I'm not kidding.


The 'Jimmy Buffett' Rule
By Ellis Henican
Published September 19, 2011
| FoxNews.com

Forget Warren Buffett. The coddle-the-rich crowd has now discovered "The Jimmy Buffett Rule."
You know how that works, right? For the folks who own really big sailboats and shelter their wealth on islands with swaying palm trees, it’s always margarita time! Go ahead and squeeze the middle class some more!
Speaking from the Rose Garden on Monday, President Obama offered a more populist approach to cutting $3 trillion from the federal debt. His plan includes whacks in war funding and various programs Democrats are usually loathe to trim. It also advances what at any other time would be considered in a perfectly modest suggestion: That people at the very top should kick in too. The president would do this by letting the Bush tax cuts expire for upper-earners and by adding a special new tax on people who earn $1 million-plus a year.
My gosh, with all the shouts of “class warfare,” you’d have thought he’d asked hedge-fund executives to pay the same tax rates as receptionists and security guards. The uproar from some of the president’s critics was just that loud.


Read more: http://www.foxnews.com/opinion/2011/09/19/jimmy-buffett-rule/#ixzz1YUqJF1IA
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