U.S. Senate candidates in Wisconsin debate "Buffett Rule" - WAOW - Newsline 9, Wausau News, Weather, Sports

U.S. Senate candidates in Wisconsin debate "Buffett Rule"

Stevens Point (WAOW) -- Representative Tammy Baldwin (D-2nd District) made a stop at UW-Stevens Point as she visited with college students across the state in her campaign for the U.S. Senate.

A four day tour will take her to universities around Wisconsin.

Newsline 9 talked with her about one of her main campaign themes -- the proposed legislation of the Buffet Rule.

She says it's designed to make sure people in the middle class do not pay higher tax rates than those who make more than one million dollars a year.

"We can't have a tax system that's rigged," Baldwin said. "We can't have a tax system that's unfair to hard working families, and this would even the playing field."

But a Republican hopeful says the Buffett Rule would hit small businesses the hardest.

Tommy Thompson's office issued this statement: "We need to protect our job creators and turn this economy around by reforming our nation's entitlement programs, simplifying taxes, and removing burdensome regulations which are hindering economic growth."

Fellow Republican candidate Eric Hovde's campaign also released a statement: "Two key aspects of righting America's financial ship are balancing the budget and achieving tax fairness. Eric opposes the Buffet Rule because it doesn't accomplish either of these goals. In fact, it doesn't really accomplish anything. The Joint Committee on Taxation has found that it will only raise $47 billion in revenue over ten years. Moreover, despite what Congresswoman Baldwin says, her bill does not achieve tax fairness."

Hovde and Fellow Republican challengers Mark Neumann, Jeff Fitzgerald, and Kip Smith are scheduled for a debate tonight in Waukesha.

Baldwin is the only democrat running for the U.S. Senate seat that will open with Herb Kohl's retirement.

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