Could you please feel outraged? Again? For the last 10 or 20 years, politicians, mostly Democratic, have been trying to point out some vast inequities in the U.S. tax system. In 2011, President Obama proposed the “Buffett rule,” which would require billionaires such as Warren Buffett to pay taxes at the same rate as middle-class workers. Buffett has long pointed out that he pays a lower tax rate than his secretary, because of the wide disparity in tax rates on regular income and on gains… Source link
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