Buffet Rule makes the super rich pay their fair share
By by Kate Krebs | Apr. 11, 2012With presidential elections looming near in the future, the candidates are buckling down and getting serious about their campaigns. President Barack Obama has recently been pushing his plans for the Buffett Rule, a tax system he plans to enact if he is reelected. The Buffett Rule is simplistic in nature: the wealthiest one percent of the nation should pay at least the same tax rate as those in the middle class. Its name comes from the famous Warren Buffett, an extremely wealthy investor who admits he pays a lower percentage of income taxes than his secretary.






