Post Profile

What Is the Buffett Rule?

We all know who Warren Buffett is (he's only the third richest man in the world) and we all know about his constant push for heavier taxes on the wealthy. The Buffett Rule, proposed by the Obama Administration last year, is a tax law that is meant to raise taxes for millionaires. For those who need a quick and simple primer, here's a rundown of the issue. Why call it the Buffett Rule? Last August, billionaire Warren Buffett wrote an op-ed in the New York Times, which called for action to "stop coddling the super-rich" and start taxing them more.
read more


Related Posts

Warren Buffett Supports the Buffett Rule

Business & Finance / Taxes : TaxProf Blog (2 years ago)

New York Times op-ed: A Minimum Tax for the Wealthy, by Warren E. Buffett: I support President Obama’s proposal to eliminate the Bush tax cuts for high-income taxpayers. However, I prefer a cutoff point somewhat above $250,000 — may...

Warren Buffett’s Grandson on the Buffett Rule, and How President Obama Almost Ruined His Marriage Proposal

News : NYMag: Intelligencer (4 years ago)

It would be understandable if Howard W. Buffett took President Obama's "Buffett Rule" personally. Not only does the proposal bear his family's name and reference his grandfather's insistence that the wealthy don't pay enough taxes, ...

The Bipartisan Push For Consumption Taxes As Path For Tax Reform

Business & Finance / Taxes : TaxProf Blog (1 minute ago)

Wall Street Journal, Tax Proposals Would Move U.S. Closer to Global Norm; Proposals For a Consumption Tax Gain Traction in Both Parties: U.S. lawmakers on both sides of the aisle increasingly are finding appeal in an ambitious conce...

Warren Buffett Renews Call For Minimum Tax On The Ultra-Wealthy

US Politics / Liberal : Think Progress (2 years ago)

Warren Buffett, the famous investor who proposed the minimum tax on the wealthy that led to President Obama’s proposed “Buffett Rule,” renewed his call for such a tax in a Monday editorial in the New York Times. Buffett supports the...

Do You Think Rich People Should Be Taxed More?

Pop Culture / Celebrity : SavvySugar (4 years ago)

America's richest man, Warren Buffett, thinks the uber wealthy should be taxed more. And yes, he's even including himself. Buffett's statement comes as the tax cuts for the wealthy are about to expire or be renewed come December. Th...


Copyright © 2015 Regator, LLC