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Not a Washington and the billionaire Warren Buffett can keep paying a lower tax rate than his secretary and lots of other Americans.
The US senate just block the so called Buffett rule.
A recent Gallup poll showed 60%.
Of Americans support that rule.
It would make sure millionaires pay -- tax rate of at least 30%.
But Republicans call it a political gimmick.
James Rosen with -- -- live in Washington James.
Jeff good evening tonight's vote was a procedural one but the requirement for sixty votes serve to doomed the Buffett rule in the democratic controlled senate.
To the same -- that similar proposals have met in the Republican controlled house senate Democrats pressed forward with the vote despite knowing that its prospects were slim.
This latest version of the Buffett rule would impose a minimum tax rate of 30% of all people who -- two million Euro more and phase in that rate gradually.
On those earning one million per year Republicans called -- to show votes stage to score cheap political points and election season and fundamentally bad economic policy.
Democrats cast the Buffett rule as a matter of basic fairness and wondered why the Republicans blocked a straight up or down vote on it.
It's been set on this floor that this is a tax on investment.
And that this is a tax on job creation.
That is wrong this is a tax on one thing income.
For the president.
Fairness is about taking from Islam.
And giving to other.
It's about taking from taxpayers and giving it to solar company.
So -- his legislation once again the Buffett rule will now be reincarnated as a campaign wedge issue democratic senator Chuck Schumer of New York today.
Called Mitt Romney the poster child for this and suggested it should be called.
The Romney rule.
I have a feeling we'll be hearing more of that -- James rose.
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