What's the point of the Buffett Rule if most millionaires already pay higher effective tax rates than almost everyone else? – Cafferty File

What's the point of the Buffett Rule if most millionaires already pay higher effective tax rates than almost everyone else?

FROM CNN's Jack Cafferty: As the Senate debates the Buffett Rule – guess what? Most millionaires are already paying higher effective tax rates than almost everyone else. Named after billionaire Warren Buffett, the proposal would mean millionaires pay at least 30% of their income in federal taxes. But CNN Money reports that while many millionaires … Continue reading What's the point of the Buffett Rule if most millionaires already pay higher effective tax rates than almost everyone else?