What does the Buffett rule achieve?

Nothing.  Obama calls it “fairness.”  I call it a ploy for more votes for people who don’t understand economics—and a few who do, like nancy g and Lynne W, but will vote for him anyway. What will “fair share” do for you?  Nothing. You’ll never see it, hear it, touch it, taste it. I’m not rich, and I don’t envy anyone, not if they inherited, won it gambling, or worked hard for it.  It doesn’t belong to me.  Three Maryland people have won the Megamillions.  Is that fair to all the others who paid in to it?  Well, the others obviously must have known the risk and the chances. But they got nothing.  Some might call it unfair that they were lured into spending money at impossible odds.  The richest 400 pay 19% every year, their secretaries pay about 16%.  Warren Buffett’s secretary, according to an article in Forbes probably makes about $200,000+ a year.  Is that fair to other secretaries who don’t work for Buffett, but work just as hard?  Why does she/he get so much? Why does she earn more than librarians?

This is not about the deficit or about taxes, it is about a politician’s idea of “fair” and we know all that money goes into the bureaucracy and not back to the people.  It’s never been any different in any society.  The word “fair” is guaranteed to create jealousy—how many times did you hear your kids whining about “fairness.” Just try it in any classroom of first or second graders, which is about the level the Democrats are right now.  The rich pay most of our taxes.  Is that fair?

I was a librarian.  One of the lowest paid jobs you can have that requires an advanced degree.  Is it fair that lawyers or hospital board members like the Obama couple back in the 90s could have 6 or 7 times my income just because of who they were?