Washington (CNN) – The White House will propose a new tax rate for people earning more than $1 million a year to ensure that they pay at least the same percentage of their earnings in taxes as middle-income Americans, a senior administration official told CNN on Sunday.
Called the Buffett Rule, the proposal will be part of a comprehensive deficit reduction plan President Barack Obama will unveil on Monday, according to the official, who spoke on condition of not being identified.
You know to the rest of the world many Americans come across as incredibly selfish, uncompassionate and just plain mean-sprited. I'm sure you probably knew that , but how many care?? It's sickening.