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S. 2230, The Paying a Fair Share Act of 2012

  • This item is from the 112th Congress (2011-2012) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Comparing revision saved on March 28, 2012, 07:03:54 (webmaster), with revision saved on April 17, 2012, 07:06:49 (webmaster):

S. 2230 would reduce the deficit by imposing a minimum effective tax rate for high-income taxpayers.

== Detailed Summary ==

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== Status of the Legislation ==

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Latest Major Action: 3/27/2012:4/16/2012: Senate floor actions. Status: MotionCloture on the motion to proceed to consideration ofthe measure madenot invoked in Senate.Senate by Yea-Nay Vote. 51 - 45. Record Vote Number: 65.
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== Points in Favor ==

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== Points Against ==

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    Costs: $5,326.45 per
    and decreases their $162,301.27 share of the national debt by $5,326.45.
    (source info)

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J. Guidry

April 16, 2012, 2:47pm (report abuse)

This is pretty much the same rhetoric that passed the income tax bill in the early part of the 20th century. "It's only for the rich". I call BS on this new rendition of a sad old tune. If it passes watch how they manipulate who has to pay under this "new" tax.

I'm more and more convinced that 47% of the American public are born suckers for the "evil rich" mantra as espoused by the left.

VirginiaAnnderson

April 16, 2012, 3:11pm (report abuse)

about time!!!!!!!! I work hard and have work 2 jobs at most of my life to be able to afford to own my own home & car and not be on assistance. The average American pays their rightful taxes without lope holes so why such the higher income brackets get all the LEGAL benefits?

Charlie529

April 16, 2012, 3:50pm (report abuse)

It won't reduce the debt. Have the idiots in Washington stop spending.

Ohio

April 18, 2012, 12:28am (report abuse)

10% of the population pays 90% of the taxes. The lowest 47% of Americans do not pay one penny.

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