President Obama is pushing Tuesday for the so-called Buffett rule – a proposal to ensure that millionaires pay a higher rate on federal income taxes than the middle class. He and Democrats see it as a guarantee that the rich will pay more, even if Congress again extends the Bush tax cuts.
http://news.yahoo.com/buffett-rule-reveals-obama-tax-reform-plans-154000712.html
Personal note: A flat tax for everyone, including all businesses, would better serve in collection of revenues as those with money will find a legal way to protect it.
http://news.yahoo.com/buffett-rule-reveals-obama-tax-reform-plans-154000712.html
Personal note: A flat tax for everyone, including all businesses, would better serve in collection of revenues as those with money will find a legal way to protect it.
