The Buffet Rule

Kristi Gallup
Guest Blogger

The Buffett Rule, proposed by President Obama has created an immense amount of tension leading to the upcoming Presidential election of 2012. The White House specifically stated the definition of the Buffett Rule: “No household making more than $1 million each year should pay a smaller share of their income taxes than a middle class family”. This seems like a reasonable statement, however that is not what President Obama has been encouraging throughout his speeches.