4 ms·

Wait, which "progressive taxation schema" is this? The expiration of the top 1% of the Bush tax cuts?

• bmelton 13y ago
  That, the "Buffet Rule", the reduction on charitable donations, the increase on capital gains, and his proposed "Grand Bargain", which lowers rates, but eliminates enough loopholes that it is at least expected to raise the effective tax rate for corporations.
  • ewoodrich 13y ago
    Fair enough, but the "Buffet Rule" hasn't happened, and almost certainly won't during his term.
    • bmelton 13y ago
      As I don't net more than $1 million a year, I hadn't followed it very closely, but I admit that I'm a little surprised. For some reason I thought it had most certainly passed and been enacted. Thanks for the correction.