In their zeal to pass the Buffett Rule, President Obama and Vice President Biden leave the false impression that many, if not most, millionaires (people who earn $1 million or more a year) are paying a lower tax rate than the middle class. The fact is that even without the Buffett Rule more than 99 percent of millionaires will pay a higher tax rate than those in the very middle of the income range in fiscal year 2015, according to the nonpartisan Tax Policy Center. But Obama and Biden have distorted the facts when explaining the proposal and its impact." FACTCHECK.ORG FactCheck.org : Obama and the ‘Buffett Rule’ Seriously THE FACTS from the IRS are: 1) 86 million tax returns in 2008 paid 14% of their TAXABLE income in TAXES PAID! 2) 4.3 million returns paid: 26.1% of their taxable income in taxes! 3) These 4.3 million returns PAID an average of $123,477 4) The 86 million returns paid an average of $5,736 5) THE 4.3 million PAID 2,152% MORE then the 86 million average return! FactCheck.org : Obama and the ‘Buffett Rule’ BLAME FACTCHECK NOT me!!!