Senate Republicans blocked an effort by Democrats to advance the so-called Buffett rule to ensure the wealthiest Americans pay their fair share in taxes. The proposed rule, named after billionaire Warren Buffett, would have imposed a minimum tax rate of 30 percent for households with adjusted gross incomes of at least $2 million.
Senate Republicans Block “Buffett” Tax on Wealthiest Americans
HeadlineApr 17, 2012