Its fair
you demand the same rights as the rich guy but dont want to pay your fair share
ON TAX DAY, WHITEHOUSE INTRODUCES ‘BUFFETT RULE’ BILL TO ENSURE THE WEALTHIEST AMERICANS PAY A FAIR SHARE IN TAXES
Legislation would set a simple 30 percent minimum effective tax rate for the wealthiest Americans
Washington, DC – Billionaire investor Warren Buffett has said he pays a lower percentage of his income in taxes than his secretary. As millions of Americans file their taxes today, Senator Sheldon Whitehouse (D-RI), Chair of the Senate Finance Subcommittee on Taxation and IRS Oversight, introduced his legislation to fix this problem. Whitehouse’s Paying a Fair Share Act would ensure multi-millionaire and billionaire taxpayers like Warren Buffett pay at least a 30 percent effective tax rate.“Our tax code is riddled with loopholes to help the wealthy avoid paying a fair share in taxes,” said Senator Whitehouse. “We shouldn’t have a system where the ultra-rich get away with paying less than the people working for them. We need a straightforward baseline to ensure everyone pays a reasonable share of taxes.”
“There’s no reason why the richest people in the country should be paying less in taxes than the workers that they employ. Period,” said Senator Brown. “Corporate greed is fundamental to the Wall Street business model and until we change that, the richest people in the country are going to continue exploiting loopholes so they don’t have to pay their fair share.”
On Tax Day, Whitehouse Introduces ‘Buffett Rule’ Bill to Ensure the Wealthiest Americans Pay a Fair Share in Taxes | U.S. Senator Sheldon Whitehouse of Rhode Island
The Official U.S. Senate website of Senator Sheldon Whitehouse of Rhode Island
www.whitehouse.senate.gov