Our Republican friends have once again made it clear: Rich people shouldn't pay more taxes.
The so-called Buffett rule collapsed in the Senate as Democrats failed to convince enough of their GOP colleagues to cross the aisle and end a filibuster. Only one Republican, Susan Collins of Maine, voted in favor of bringing the legislation to a vote.
It would have required people making more than $1 million a year to pay a tax rate of at least 30%. The rule is named for billionaire Warren Buffett, who has repeatedly pointed out that his secretary pays a higher tax rate than he does. President Obama's secretary pays more than her boss as well.
But Republican lawmakers say the Buffett rule is nothing more than a political gimmick that would do more harm than good -- i.e. punish all those well-meaning job creators.