Democrats in America seem to be promoting the Buffett Rule ?

[tradeunionsupporter]

Even if the Buffett Rule was passed we would still have Wealth/Income Inequality. Democrats have been in power in America many times and even Republicans have supported Progressive Income Taxes in the past but Democrats still support Capitalism so the Rich still get Richer and the Poor get Poorer even with Democrats in power. I used to be a Democrat but my views have changed. I have Family Members and Friends many of them are Trade or Labor Union Members but they think the Democrats are a friend of the Working Class. My question for Marxists in Canada and Western Europe or any other Nations or Places do you still have this issue with Capitalists claiming to be Left Wing or Pro Union or pro Working Class ? Correct me if Im wrong but did'nt the UK Labour Party used to be Socialist ?

http://en.wikipedia.org/wiki/Buffett_Rule

[Revolution starts with U]

Democrats are frenemies of the working class. (And F U spell check, that's a real word now).

[Rafiq]

If they are to instate the "Buffet Rule", they are doing so in the interest of the Bourgeois class. This is what you must keep in mind.

[NGNM85]

Clearly, the OP didn't bother reading the Wikipedia article he linked to, otherwise he would know that not only do the Democrats support the 'Buffet Rule, but that they crafted it into a bill, which was voted on, where it received 51 votes along party lines. However; while this is technically sufficient to pass a bill into law, the Republicans, once again, used the threat of filibuster to kill it, just like they do with everything else. Of course, this only underscores the importance of closing this obscene loophole.

[Lenina Rosenweg]

The "Buffet rule" is window dressing, designed to obscure and hide the reactionary role of the Democrats in their attacks on the US working class.


The “Buffet rule” has been cited as a call for a significant increase in taxes on the wealthy. In fact, it is compatible with a substantial reduction in tax rates for corporations and the rich, as called for by previous deficit reduction committees. The co-chairmen of the panel set up by Obama last year, Alan Simpson and Erskine Bowles, proposed reducing the top income tax rate from 35 percent to 23 percent.
In his remarks, Obama repeated a dozen times his insistence that everyone should pay his “fair share.” Responding to Republican charges that his tax proposals constituted “class warfare,” Obama said, “I reject the idea that asking a hedge fund manager to pay the same tax rate as a plumber or teacher is class warfare. I think it is just the right thing to do.”
Not once in his remarks did Obama defend the principle of the progressive income tax—that the wealthy should pay significantly more as a percentage of their income than the poor. There is no contradiction between the “Buffet rule” and a flat income tax, and Obama’s denunciations of an overly complex tax system mirrored similar rhetoric used by right-wing advocates of a regressive income tax overhaul.
“Nobody wants to punish success [i.e., wealth] in America,” Obama declared. However, he added, “those who have done well, including me, should pay our fair share in taxes.”


http://www.wsws.org/articles/2011/sep2011/obam-s20.shtml