WASHINGTON, DC— In this week’s address, President Obama urged Congress to pass the Buffett Rule, a principle of fairness that says if you make more than $1 million a year, you should pay at least the same percentage of your income in taxes as middle class families. Meanwhile, if you make under $250,000 a year – like 98 percent of American families do – your taxes shouldn’t go up. The President has been pushing Congress to pass the Buffett rule to help ensure we have a system that’s fair, where everyone plays by the same set of rules and we can continue to make the investments we need to grow our economy and help the middle class and those trying to get in it.
Showing posts with label the Buffet Rule. Show all posts
Showing posts with label the Buffet Rule. Show all posts
Saturday, April 14, 2012
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.
Saturday, March 31, 2012
President Obama's Weekly Address 3/31/12: Passing the Buffett Rule So That Everyone Pays Their Fair Share
WASHINGTON, DC— In this week’s address, President Obama calls on Congress to pass the Buffett Rule, a principle of fairness that ensures that millionaires and billionaires do not pay less in taxes as a share of their income than middle class families pay. The President believes our system must ask the wealthiest to pay their fair share, while protecting 98 percent of Americans from seeing their taxes go up at all. That is why the President proposed the Buffett Rule, which will help make our system reflect our values so that all Americans get a fair shot, play by the same rules, and pay their fair share.
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