
Warren Buffett, a billionaire, pays a lower tax rate than his secretary. Think that's unfair? So does Warren Buffett. Right now, millionaires and billionaires have nearly the lowest tax rates they've had in 50 years, while everyone else picks up the tab. So President Obama is asking Congress to pass a commonsense bill, known as the Buffett Rule, to fix the tax code and make sure that millionaires and billionaires pay at least the same share of their income in taxes as middle-class families. The Buffett Rule would reduce the deficit while helping to pay for investments in education, clean energy, jobs, and other programs that will help our economy grow. Right now, millionaires and billionaires have nearly the lowest tax rates they've had in 50 years, while everyone else picks up the tab. So President Obama is asking Congress to pass a commonsense bill, known as the Buffett Rule, to fix the tax code and make sure that millionaires and billionaires pay at least the same share of their income in taxes as middle-class families. The Buffett Rule would reduce the deficit while helping to pay for investments in education, clean energy, jobs, and other programs that will help our economy grow.
VTS
01