HANNITY & FATS LIMBAUGH VS. THE MOTU

According to a Bloomberg poll, over 60 percent of the Masters of the Universe want higher taxes on incomes of $1 million and over.

Obama Backed by 63% of Investors for Buffett Rule
September 30, 2011, 2:28 PM EDT
By David J. Lynch
BLOOMBERG BUSINESSWEEK

Sept. 30 (Bloomberg) -- Global investors overwhelmingly support President Barack Obama’s proposed tax increase for those earning annual incomes of $1 million or more in an effort to reduce the deficit.

By a margin of 63 percent to 32 percent, respondents in a Bloomberg Global Poll approved of the president’s proposal, known as the “Buffett rule” in a nod to Warren Buffett, the chairman of Berkshire Hathaway Inc., who has said it is wrong that he pays a smaller share of his income in taxes than does his secretary.

The call for the rich to pay more, however, found backing among financial professionals in the quarterly Global Poll of 1,031 investors, analysts and traders who are Bloomberg subscribers.