Thursday, April 12, 2012

The White Board: the Buffett Rule

In this new White House White Board, Brian Deese, the Deputy Director of the National Economic Council, explains why the Buffett Rule is necessary to restore fairness to the American tax system -- and ensure that everyone plays by the same set of rules.

4 comments:

Anonymous said...

I don't get it. The rich are paying a lesser share, but the percentage is still higher on the chart. What am I missing?

Anonymous said...

People also need to remember the percentage that these rich pay, although it is a lower percentage, amounts to a lot more money. A tax code representing 'principles of fairness' would be a flat tax rate of some percentage for everyone.

Anonymous said...

You do understand that this won't affect Warren Buffet or the majority of the other CEO's because they don't pay themselves a salary.

Anonymous said...

If warren buffet is so upset he isn't paying his fair share, I will lend him a pen to sign the check, but until then stop letting all the hot air out. People will always find a way to get around paying taxes. Rich people just have more ways to get around it, shuffling money into different businesses and accounts. A flat tax is not a bad idea. A flat tax on capital gains is also not a bad idea. Just make a flat tax on income, capital gains and a sales tax and get rid of every other tax and this country would be back on its feet. Oh yea also drop the price of gas too!