How Would the Buffett Rule Affect Marginal Tax Rates?
February 16, 2012 at 08:04 AM EST
President Obama’s latest budget endorses a “Buffett rule” – a new floor on taxes paid by folks with very high incomes. His rule would require that “those making over $1 million should pay no less than 30 percent of their income in taxes.” The president didn’t offer many specifics about how the rule would actually work. Up on Capitol [...]