Politics & Government

Talk Back: Should Democrats Keep Trying for the Buffett Rule on Income Taxes?

U.S. Senate vote last month along party lines doomed proposal for raising taxes on many millionaires.

The Senate voted 51-45 last month for the Paying a Fair Share Act of 2012—endorsing the bill that would make possible the “Buffett Rule” on taxes.  But it fell short of the 60 votes needed to make it filibuster-proof. And the proposal failed to advance.

Sen. Chuck Schumer, D-NY, has said the Democrats will bring up the proposal again.

Republicans have called the proposal "class warfare." Schumer disputes that.

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"We have believed as country that higher income people should pay a higher percentage of income" for a 100 years," New York's senior senator told CBS News last month. "There is no class warfare involved, it is simply a question of fairness."

Should Schumer and other Democrats give up their drive? Or press ahead despite the odds? Vote in the poll below and share your thoughts in the comments section.

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