White House & Buffett Rule

The White House is the official residence and principal workplace of the President of the United States. The Buffett Rule is a tax plan proposed by President Barack Obama in 2011 to alleviate income inequality in the United States between the top 1% of Americans and the remaining 99% of Americans, due to the income growth in the 1% group as compared to the 99% group. 5.0/5

White House Buffett Rule President Obama President Barack Obama Ronald Reagan Jay Carney Mitt Romney Warren Buffett President Ronald Reagan Calvin Coolidge Heritage Foundation George W. Bush Peace Corps Bill Press Michael Beschloss Paul Ryan West Wing

President Barack Obama's secretary paid taxes at a higher rate than he did in 2011 despite having a "substantially lower income," the White House said Friday, casting the disparity as an argument for Congress to adopt the so-called "Buffett Rule." [Related: Your Top Tax Questions Answered] "The pres...
Jay Carney, the White House Press Secretary, noted in a statement that Obama's 2011 effective federal income tax rate is 20.5%, and that the president's own policies would result in higher taxes for the Obama family. The president earns a salary of $400,000 for his day job. His total earnings are much higher because his books -- "Dreams From My Father," and "The Audacity of Hope" -- continue to attract buyers. The Obamas reported paying $162,074 in federal taxes. They donated $172,130, or 22% of their income, to 39 different charities. Obama is donating the proceeds from his latest book, "Of Thee I Sing," to a Fisher House scholarship fund for children of fallen and disabled soldiers. This year, the contribution was $117,130. Vice President Joe Biden and his wife Jill reported income of $379,035, but gave only $5,540 -- or 1.4% -- to charity. The release comes at the end of a week in which the Obama campaign made a concerted push for the so-called Buffett Rule, a tax law change that would force some of th ...
Do you remember a few months ago when the Obama administration was caught changing the biographies of former presidents on the White House website? They would go in and add something that had to do with Barack Obama. For instance, the bio for Ronald Reagan read: "In a June 28, 1985, speech, Reagan called for a fairer tax code, one where a multimillionaire did not have a lower tax rate than his secretary. Today, President Obama is calling for the same with the Buffett Rule." There is no telling where this administration and the propaganda campaign will take us next. What will disappear from Obama’s history? Dodd-Frank? ObamaCare? What will end up credited to Barack Obama .. killing Osama Bin Laden? Oh wait .. they’ve already claimed that one.
President Barack Obama's agenda, particularly involving legislative proposals like his ambitious "Buffett Rule" tax plan, has been stunted by a polarized Congress now toiling in gridlock. Consequently, the White House is resorting to its purported "executive authority" -- specifically, by issuing a ...
President Obama renewed a call for higher taxes on the wealthy Tuesday, urging Congress to adopt the so-called "Buffett Rule" and impose a minimum 30 percent income tax on those earning $1 million or more a year. Jeffrey Brown gets perspectives from the White House's Gene Sperling and American Actio...
Warren Buffett and President Obama (White House) and Mitt Romney (Reuters) Mitt Romney, yesterday on CNBC , defending his opposition to the Buffett Rule: LARRY KUDLOW: Listen, the 30 percent ...
This week, the President hosted a forum on Women and the Economy, welcomed the President of Brazil, traveled to Florida to urge the Senate to pass the Buffett Rule, and took part in the great annual White House tradition, the Easter Egg Roll. That's April 6th to April 12th or "You're Proof of Change...
Wow ... I just got an email from the White House inviting me to a private call. I think they sent it to the wrong guy! Disclaimer. If you are with the press please forget you saw this! - Friends: Please join us on April 20, 2012 at 11:00 am Eastern (GMT-5) for a conference call with leaders from South Carolina to discuss the Ryan-Republican budget. The President believes we should build an economy where everyone does their fair share and everyone plays by the same set of rules. President Obama outlined investments in education, workforce training, clean energy and infrastructure that will create an America built to last. He also proposed the Buffett Rule, which says that if you make more than $1 million a year, you should pay at least the same percentage of your income in taxes as middle class families do. On the other hand, if you make under $250,000 a year — like 98 percent of American families do — your taxes shouldn’t go up. But the Ryan-Republican budget, passed by the House of Representa ...
One of the few things I strongly agree with the President on :.It turns out that President Obama also pays a lower tax rate than his secretary, just like billionaire investor Warren Buffett. That's one of the reasons Obama backs the Buffett Rule, the subject of a Senate debate today, aides said. "That is the point of the Buffett Rule," said White House spokesman Jay Carney. "The tax code should not written in a way that allows the wealthiest Americans to pay taxes at a lower rate than middle-class Americans.".
President Obama is traveling to Florida today to tout the so-called Buffett Rule, as well as to raise money from people who would have to pay more taxes under that same rule. The president's proposal 'asks everyone to pay their fair share' of taxes, according to the White House. In other words: It's...
Video on msnbc.com: Rep. Paul Ryan, R-Wis., joins Morning Joe to discuss the latest House GOP budget, the president's remarks about the GOP budget, the White House's support for the "Buffett Rule," defense spending, and his thoughts on taxing the country's wealthiest.
April 10, 2012 The Hill: Obama, Dem lawmakers target Romney with Buffett Rule attack By Bernie Becker Sensing an opportunity to hammer Republicans and likely GOP presidential nominee Mitt Romney, the White House, President Obama’s re-election campaign and other Democrats made it clear Monday that they will aggressively push their message this week that the wealthiest Americans need ...
GOP senator lashes out at White House for targeting him on Buffett Rule vote: Sen. Lamar Alexander upset with 'c...
Barry comes to BocaApril 07, 2012|By Scott Travis, Sun Sentinel Florida Atlantic University is hurriedly planning one of its biggest events ever: a visit Tuesday from President Barack Obama. The president is scheduled to speak at 2:55 p.m. in FAU Arena. He'll make the case for the "Buffett Rule" a tax proposal the White House says would bring fairness between what millionaires and the middle class pay in taxes. Students, faculty and staff at FAU will be able to enter into an online lottery to get tickets for his appearance, but it will be closed to the general public. FAU's College Democrats hope to play a big part in the event, said Stephanie Rosendorf, who is active in the state and college chapters. "The university e-mailed some of us about being volunteer leaders, which would be helping to coordinate and hopefully work behind the scenes and possibly meet him," Rosendorf said. It's the president's first visit to campus, and it promises to be FAU's most anticipated event since 2008, when the university ...
From the White House Statement by the Press Secretary on Senate Action on the Buffett Rule: Release Time:...
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