Friday, October 28, 2011

A 'flat tax' is fair
Warren Buffett, the world’s third-richest man, would see his tax rate fall to 0.2 percent under Rick Perry’s “Cut, Balance, and Grow,” tax proposal, according to an analysis by a Center for American Progress economist. ...Instead of the $6.9 million Buffett paid in 2010, the billionaire would owe a meager $120,000.
Yeah sure, that sounds fair.  The 1% think so, anyway.  'Cut' taxes on the top 1% - 'Balance' the budget on the backs of the middle class - and 'Grow' the size of the 1%'s investment portfolios.