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Distribution of average tax rates including individual income tax and employee payroll tax. The Buffett Rule is named after American investor Warren Buffett, who publicly stated in early 2011 that he believed it was wrong that rich people, like himself, could pay less in federal taxes, as a portion of income, than the middle class, and voiced support for increased income taxes on the wealthy. [5]
In 2011, the Congressional Research Service said the current U.S. tax system violates the Buffett rule as “roughly a quarter of all millionaires (about 94,500 taxpayers) face a tax rate that is ...
On PBS, Jamie Dimon described the Buffett Rule as a good idea for clamping down on US debt. It says richer households shouldn't pay taxes on a smaller share of income than middle-class ones.
Nicknamed the Oracle of Omaha, Buffett is still actively involved in key decisions at Berkshire Hathaway, the holding company he's managed for decades. Berkshire Hathaway has aggressively raised ...
Warren Edward Buffett (/ ˈ b ʌ f ɪ t / BUF-it; born August 30, 1930) [2] is an American investor and philanthropist who currently serves as the chairman and CEO of Berkshire Hathaway.
Shouldn't there be a sub-section (separate article?) on the Buffet Rule Act of 2012 that streamlines donations to pay down the national debt? The Buffet Rule discussed in this article was not the only one proposed to solve Warren Buffet's tax dilemma. — Preceding unsigned comment added by 74.219.126.74 15:11, 24 June 2014 (UTC)
Consequently, many investors avidly track the stocks Buffett is buying and selling with SEC Forms 13F. "In my view, for most people, the best thing to do is to own the S&P 500 index fund," Buffett ...
Donald Trump's re-election could mean introducing policies that will heavily benefit Buffett's Berkshire Hathaway portfolio. Find out 4 reasons why here.