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Buffett Rule

The Buffett Rule: Where It Stands, How It Works, And Why It May Not Be Enough

The Buffett Rule is a plan that would raise taxes on America's most wealthy, requiring those making $1 million or more per year to pay a minimum federal tax rate of 30 percent on all income. The idea is sparking heated debates, and that merits a closer look at how U.S. taxes are structured now, what sorts of changes Obama is pushing, and why exactly he's pushing them.