Obama revealed his plan to cut the national debt by $3 trillion by increasing taxes on the wealthy and corporations. His plan also includes a “Buffett Rule”. Buffett has complained that the mega rich pay a lower tax rate so this would set a minimum tax rate for anyone making more than $1 million a year. As usual the details will be ironed out in the future. But for now, the very few people who have worked their $@# off and have succeeded in breaking through a 7 digit net worth figure will have to thank Mr. Buffett. Seriously Buffett, shut up already!
No comments:
Post a Comment