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Bookmark or Share- THE BUFFETT RULE: A BASIC PRINCIPLE OF TAX FAIRNESSThe Buffett Rule is the basic principle that no household making over $1 million annually should pay a smaller share of their income in taxes than middle-class families pay. Warren Buffett has famously
- FACT CHECK: Warren Buffett’s tax rate is an exception, not a ruleThe fact is that even without the Buffett Rule “more than 99 percent of millionaires will pay” a higher tax rate than those in the very middle of the income range in fiscal year 2015, according to the nonpartisan Tax Policy Center.
- Buffett Rule: What It Means, Criticism, FAQs - InvestopediaThe Buffett Rule tax plan proposed a 30% minimum tax on people making more than $1 million a year. The rule was part of President Barack Obama's 2011 tax proposal. It...
- Buffett Rule - WikipediaThe Buffett Rule is named after American investor Warren Buffett, who publicly stated in early 2011 that he believed it was wrong that rich people, like himself, could pay less in federal taxes, as a portion of income, than the middle class, and voiced support for increased income taxes on the wealthy. [5]
- Jamie Dimon Says the ‘Buffett Rule’ Around Taxing Rich ...The Buffett Rule is a principle named for billionaire investor Warren Buffett who famously expressed concern that his effective tax rate is lower than his secretary’s because of tax rules that favor the wealthy.
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