The Buffett Rule is a common-sense tax reform that ensure everyone making over a million dollars a year pays the same tax rate as a middle income family.
Itís named for Warren Buffett, a billionaire investor who often wondered why he pays a much, much lower effective tax rate than his secretary, despite his massive wealth compared to her modest income.
Progressives like Tammy Baldwin are fighting hard to pass the Buffett rule because for too long, thereís actually been two tax systems in America. One for the hyper-rich who take advantage of loopholes galore, and another for the middle class families who play by the rules and often wind up paying a higher tax rate than the very wealthy.
Support the Buffett Rule ó ensure that all Americans play by the rules, and pay their fair share.