Wider covereage on Buffett Rule failing in US Senate

Remember when you hear politicians say "what Americans want is..."

A CNN/ORC poll conducted over the weekend found that 72% of Americans support the idea of setting a minimum tax rate for people who make more than $1 million a year. Of those, 90% of Democrats, 69% of independents and 53% of Republicans back such a millionaire tax.

Senate GOP blocks "Buffett Rule" debate

A proposal to implement the Buffett Rule was blocked in the Senate on Monday, but proponents of the millionaire tax vowed to keep the issue alive in the months ahead.

Republicans, as expected, garnered enough support to reject Democrats' attempt to bring up the proposal for debate. The Democrats fell nine votes short with 51 votes to debate the bill and 45 against. Sixty votes are needed in the Senate to open debate.

A CNN/ORC poll conducted over the weekend found that 72% of Americans support the idea of setting a minimum tax rate for people who make more than $1 million a year. Of those, 90% of Democrats, 69% of independents and 53% of Republicans back such a millionaire tax.

Read more at CNN.

Large majority of Americans support "Buffett Rule"

A new Gallup poll shows President Obama’s proposed “Buffett Rule,” which raises the marginal tax rate on those Americans making over a million dollars a year, is widely supported by Americans.

A 60 percent majority of Americans polled support the idea, while 37 percent don’t.

Independents support the measure 63-33, Democrats at an even higher rate of 74-24, while Republicans are the only voting bloc to oppose the idea 43-54.