President Obama has the mega-rich in his sights as he attempts to cut the US budget deficit.
He is seeking a higher minimum tax rate for anyone making more than a million dollars a year.
The planned 'Buffett Tax' draws inspiration from billionaire investor Warren Buffett. He complains that rich people like himself often pay less than those who work for them due to tax loopholes and argues the wealthy can pay more.
He is seeking a higher minimum tax rate for anyone making more than a million dollars a year.
The planned 'Buffett Tax' draws inspiration from billionaire investor Warren Buffett. He complains that rich people like himself often pay less than those who work for them due to tax loopholes and argues the wealthy can pay more.
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Obama to propose new tax rate for millionaires - CNN.com
- [ Traducir esta página ]www.cnn.com/2011/POLITICS/09/18/obama.buffett.tax/index.html
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