Support the "Buffett Rule" for Deficit Reduction
source: http://www.thepetitionsite.com/197/support-the-quotbuffett-rulequot-for-deficit-reduction/
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- dunlevyd
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Rich Americans get the majority of their income from capital gains, dividends, and "carried interest". This results in billionaires like Warren Buffett paying a lower tax rate on their total income than middle-class Americans, due to the lower rate on capital gains tax (currently 15 percent).
As part of a 3 trillion-dollar deficit reduction plan, Obama has proposed that those making more than a million pay a minimmum tax rate no lower than middle-income Americans. This can be achieved by raising the capital gains tax for the wealthy.
Please, sign this petition to ask Congress to make the super-rich pay their fair share. Hard working, middle-income Americans should not have to pay higher taxes than those at the top.
http://www.thepetitionsite.com/197/support-the-quotbuffett-rulequot-for-deficit-...
As part of a 3 trillion-dollar deficit reduction plan, Obama has proposed that those making more than a million pay a minimmum tax rate no lower than middle-income Americans. This can be achieved by raising the capital gains tax for the wealthy.
Please, sign this petition to ask Congress to make the super-rich pay their fair share. Hard working, middle-income Americans should not have to pay higher taxes than those at the top.
http://www.thepetitionsite.com/197/support-the-quotbuffett-rulequot-for-deficit-...
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- groups:
- Community, Collective Journalism
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- tags:
- Politics, Obama, Government, Activism, 4 more
