Ask the Expert: The Buffett Rule

Seth Hanlon, the Center for American Progress's Director of Fiscal Reform, explains why the Buffett Rule is a fair and necessary element of tax reform.

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  Nonprofits & Activism

[HappyHawaiinSauce]

the poor don't pay any taxes, instead they get the taxes. You ever heard of EBT? Food stamps? It's a scam. Also why the hell should I people praise warren buffett for his rule when he himself is being sued by the IRS for NOT PAYING ANY TAXES.

[nickleus1977]

i was born and raised in the US and have lived in europe for 15 yrs. it's safe to say i'm not ignorant about politics and economics. wanting things to be fair in a capitalist society sounds socialistic and is both impossible and unreasonable. "what they should pay back" is a matter of interpretation. your interpretation differs from most mil-/billionaires' interpretations and probably from many non-mil/bil's. do you know what capital gains are and the diff between them and normal income tax?

[xSonsofSunsx]

Ignorant fool, are you even from the U.S.? We adore people who make millions to billions, the complaint comes when they do not pay back what they should pay back, in other words, taxes.

The richest want to pay less, while the poor pay more. Everyone is supposed to pay back equally a fair share of money depending on the amount of money they make.

[nickleus1977]

it's funny how many americans think that socialism is evil, while at the same time complaining about people who have too much money =)