Ben, Barry & Little Bobby Kerrey: Neo-Marxist Bob Kerrey Joins Comrade Ben Nelson in Support of “Buffett Tax”

Too bad serial liar, hypocrite, and neo-Marxist tax cheat Warren Buffett, aka the Oligarch of Omaha, doesn’t voluntaryly pay more into the Treasury. Warren baby owes over ONE BILLION DOLLARS in back taxes and has been fighting paying them for almost TEN YEARS…
We The People of Nebraska have got to throw Kerrey, Nelson, and Buffett into prison for tax evasion, unconstitutional mandates, crony corruption, and giving aid and comfort to America’s enemies via their neo-Marxist agenda.
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Liberal Democrat Bob Kerrey Convinces Ben Nelson To Support The Buffett Tax

Published: April 17, 2012
by NRSC

As Nebraskans finish their taxes, liberal Democrat Bob Kerrey started a petition that convinced Ben Nelson – who recently opposed this Buffett tax – to support this job-killing tax.

Nelson voted this evening in support of the Buffett Tax increase which according to the Wall Street Journal does virtually nothing to the national deficit, and does nothing to create a single job or lower gas prices. Additionally, newspapers, economists and political commentators around the country have derided this vote as “total gimmickry,” “a ruse,” “a publicity stunt,” “a hoax,” and “a sham.” “The Buffett Tax doesn’t create a single Nebraska job, it does nothing to lower our gas prices, and it does virtually nothing to put a dent in our government’s debt, yet Bob Kerrey is ecstatic about this political stunt,” said National Republican Senatorial Committee (NRSC) spokesman Jahan Wilcox.

BACKGROUND …

The Buffett Tax Creates Zero Jobs

THE BUFFETT TAX WOULD CREATE ZERO NEW JOBS. On the seventh and final page of its background report on the “Buffett Rule,” out this morning, the Obama administration finally dives into what it calls “the economic rationale” for imposing a new minimum tax rate on millionaires. If you’re an unemployed American, that placement should be your first red flag. The second should be the rationale itself. Once you read it, you’ll realize the Buffett Rule has nothing to do with helping you, or the 13 million other Americans looking for work as of March, find a job. (Jim Tankersley, The Buffett Rule Won’t Get You a Job, National Journal, 04/10/12)

BUFFETT TAX GIMMICK WOULD INCREASE REVENUE BY “LESS THAN ONE-TENTH OF ONE PERCENT OF THE $1.2 TRILLION BUDGET DEFICIT” (0.1%): “This year, the Buffett rule would increase federal revenues by all of $1.1 billion. That’s less than one-tenth of one percent of the $1.2 trillion budget deficit Mr. Obama is scheduled to run this year. Through 2022 Joint Tax expects less than $47 billion in total new revenues from the Buffett rule while the government will be adding trillions of dollars to the national debt. Joint Tax even concedes, as it is rarely wont to do, that the rule will affect taxpayer behavior: By raising the effective tax rate on capital gains, the rule will encourage people to realize fewer capital gains.” (Editorial, “The Bottom 0.1%,” The Wall Street Journal, 3/22/2012)

Nonpartisan Reviewers Have Derided The Buffett Tax As ‘A Hoax On Voters,’ A ‘Total Sham,’ ‘Desperate.’ And Even Democrats Admit It’s ‘Not Going To Help’

BILL KELLER, THE NEW YORK TIMES: “…sounds a little desperate.” (Bill Keller, “The Sweet Spot,” The New York Times, 4/15/12)

CANDY CROWLEY, CNN: “…won’t do much to eat away at the nation’s debt, it won’t create jobs, and no one expects it to get through the Democratic-controlled Senate…” (Candy Crowley, “Buffett Rule Would Barely Dent Debt But Fits Nicely Into Obama’s Theme,” CNN, 4/16/12)

MIKA BRZEZINSKI, MSNBC: “…just what does it really accomplish, though?” (MSNBC’s “Morning Joe,” 4/16/12)

DANA MILBANK: “President Obama admits it: His proposed ‘Buffett Rule’ tax on millionaires is a gimmick…” (Dana Milbank, “Rebuffing Obama’s Gimmicky ‘Buffett Rule’,” The Washington Post, 4/11/12)

BOB SCHIEFFER, CBS: “…kind of a publicity stunt…?” (CBS’ “Face The Nation,” 4/15/12)

JIM VANDEHEI, POLITICO: “It’s total gimmickry. It’s 1% of what you need to actually take care of the deficit.” (MSNBC’s “Morning Joe,” 4/12/12)

FMR. REP. HAROLD FORD (D-TN): “…not going to help us grow…” Q: “So you support the Buffett rule? FORD: “No, there’s a big difference between the Buffett rule and reforming the tax code.” (MSNBC’s “Morning Joe,” 4/16/12)

FMR. SEN. RUSS FEINGOLD (D-WI): “My belief is this is more symbolic.” (MSNBC’s “Morning Joe,” 4/16/12)

UNION LEADER [NH]: “…A Total Sham…The Buffett Rule is not about math or fairness or shared sacrifice. It is simply a cynical ploy to buy the votes of the ignorant and gullible.” (Editorial, “The Buffett Rule: A Total Sham,” Union Leader, 4/12/12)

FOSTER’S DAILY DEMOCRAT [NH]: “Buffett Rule Is A Hoax On Voters … Buffett, schmuffett, President Obama’s Buffett Rule has nothing to do with fairness… It is also about distracting voters from the Obama administration’s mishandling of the economy.” (Editorial, “Buffett Rule Is A Hoax On Voters,” Foster’s Daily Democrat, 4/12/12)

MILWAUKEE JOURNAL SENTINEL [WI]: “Buffett Rule Is A Political Gimmick That Won’t Work … the Buffett Rule is more likely to spawn a new generation of tax dodges than to usher in a new era of tax fairness. It is, in fact, nothing more than a smoke screen that obscures the possibility of real tax reform.” (Editorial, “Buffett Rule Is A Political Gimmick That Won’t Work,” Milwaukee Journal Sentinel, 4/11/12)

ORANGE COUNTY REGISTER [CA]: “…the latest gimmick…” (“Taxing Those Mean Old Millionaires,” Orange County Register, 4/12/12)

THE ECONOMIST: “What a pity that he is changing tack this time, bashing the rich via gimmicks such as the ‘Buffett rule’ … it is a miserable portent for the future.” (Editorial, “Game On,” The Economist, 4/14/12)

BLOOMBERG NEWS: “The president may be just as happy to have an issue to campaign on as a law to sign.” (“Buffett Rule Or Not, Most Rich People Already Pay,” Bloomberg Businessweek, 4/12/12)

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