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Politics

What’s Wrong With Millionaires Paying The Same Rate You Pay?

President Obama once again called on Congress to pass the Buffett Rule – a policy initiative being pushed by Democrats that requires millionaires and billionaires to pay “their fair share” in taxes. The president admitted that although millionaires and billionaires paying more in taxes will not solve the budget crisis, he said the extra revenue would help reduce the federal debt and pay for government investments in programs like education.

“One in four millionaires pays a lower tax rate than millions of hardworking middle-class households,” the president said. “It’s just plain wrong that middle-class Americans pay a higher share of their income in taxes than some millionaires and billionaires.”

The Senate will vote on the Buffet Rule next week.

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By Ezra Grant

I'm just tired of the lies and nonsense coming from the GOP, so this is my little contribution to combat the nonsense!

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