Barack Obama on Tax Reform; Presidential candidates. ... Right now, Warren Buffet pays a lower tax rate than his secretary--an outrage he has asked us to fix. ..... Tax reform should follow the Buffett rule: If you make more than $1 million a year, you should not pay less than 30% in taxes, and you shouldn't get special tax ...
Blurs two different types of tax rates. Joe Biden · The 30 percent tax rate called for under President Barack Obama's proposed Buffett Rule "is lower than the prescribed tax rate for millionaires already -- not just for millionaires, for people making over $200,000." — PolitiFact National on Friday, April 13th, 2012. Mostly False.
Jun 28, 2017 ... Buffett helped inspire an unsuccessful 2011 proposal by President Barack Obama, known as the Buffett Rule, which set a minimum tax rate of 30 percent on individuals with annual incomes above $1 million. When asked about Buffett's critique of the GOP health care plan, Health and Human Services ...
Sep 20, 2011 ... Barack Obama's plans to target individuals earning more than $200000 a year for tax rises has provoked a furious backlash from Republicans who say the President is ruining the future of America's children. ... It's not just millionaires who would pay more under President Obama's latest deficit plan.
As Table 1 shows below, this survey found that the general public is more open than the wealthy to a variety of policies designed to reduce inequality and strengthen economic ... Even when the affluent do support policies for upward mobility, they often do not prioritize these policies over other goals, such as lower taxes.
The 30 percent tax rate called for under President Barack Obama’s proposed Buffett Rule "is lower than the prescribed tax rate for millionaires already -- not just for millionaires, for people making over $200,000."