"...Many Republicans are uncomfortable with government-sponsored fairness, which they believe can edge into the territory of social engineering, and perceive the rule as an anti-competitive gimmick. That’s what they want us to think, anyway—if you ask me, they’re just beholden to thoroughly debunked trickle-down nostrums that amount to giving advantages to people who already have plenty of them.
...Neither Mr. Obama nor Mr. Buffett has ever said the millionaires’ rate is about deficit reduction. It is about making the tax code truly progressive. When Mr. Buffett pays a smaller share of his income to the government than his secretary, we are not just rewarding Mr. Buffett, we are punishing the secretary."
THE NEW YORK TIMES: The Buffett Rule
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