The truth about the Buffet Rule

Debbie Bosanek, left, is Buffet's "secretary
Surprise -- She earns $400,000 a year.  

Let's begin with this rather disturbing fact:  Obama's Buffet Rule will be assessed on all those making $200,000 per year (if a single adult) or more.

The tax will have this impact on the average investor:

His income will be taxed at 40% (if Obama gets his wishes on taxing the rich)

The income made off his dividend profits will be tax, again,  at 30% instead of 15%.

And when he dies,  the money he has "left over,"  will be taxed at a 50% for no apparent reason, at all.

And this is why the bill will be defeated, next week,  in a Democrat controlled Senate.  Who will Obama blame, then?  Understand that those who make such predictions,  all agree that this bill is "dead on arrival" when it gets to the Senate.