Buffett Millionaires Tax To Raise $47 Billion: Report

Millionaires Tax

WASHINGTON (Reuters) - A proposed 30 percent minimum tax on millionaires backed by President Barack Obama - dubbed the Buffett tax after investor Warren Buffett who supports it - would raise about $47 billion over a decade, according to a congressional report.

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ASK NEWS:
  • Labor govt will consider Buffett tax rule - Herald Sun
    Labor govt will consider Buffett tax rule - Adelaide Now
    07/26/2015 - 1:23 pm | View Link
  • Labor to force wealthy to pay fair share of tax - Herald Sun
    Labor to slap new minimum tax rate on the super wealthy - Cooma Monaro Express
    07/24/2015 - 1:10 pm | View Link
  • Labor plans to hit high earners - Brisbane Times
    Told you so: the federal budget assumptions are rubbish - Brisbane Times
    07/23/2015 - 2:33 pm | View Link
  • Labor to slap new minimum tax rate on the super wealthy - Mandurah Mail
    Buffett discovered he was paying less in income tax than ... incomes of those millionaires ... showing it could raise as much as $2.5 billion a ...
    07/23/2015 - 11:52 am | View Link
  • Labor wants wealthy to pay more tax - Townsville Bulletin
    ... to pay at least a minimum rate of tax would raise an additional $2.5 billion a year ... of the "Warren Buffett rule ... the tax while the ...
    07/23/2015 - 10:56 am | View Link
  • More
BING NEWS:
  • Buffett rule would force 31,000 families to pay more tax
    Tax experts have questioned Labor's "Buffett tax" plan to impose ... plus claim a combined total of about $2 billion worth of tax deductions a year. Forcing all them to pay at least 35¢ in the dollar would raise $2.5 billion. Ninety per cent of that ...
    07/25/2015 - 9:12 pm | View Link
  • Labor govt will consider Buffett tax rule
    Labor says adopting the "Warren Buffett rule" to stop Australian high income earners from avoiding their tax ... would raise an additional $2.5 billion annually from the top one per cent of income earners. Mr Albanese said 75 Australian millionaires ...
    07/25/2015 - 3:01 pm | View Link
  • Labor to target tax-dodging millionaires with minimum rate
    TAX-dodging millionaires could ... Government consider introducing a Buffett tax, and cited NATSEM modelling that suggested applying it to Australia’s top 1 per cent income earners would raise an extra $2.5 billion a year. If the tax was to apply to ...
    07/24/2015 - 2:27 pm | View Link
  • Labor wants wealthy to pay more tax
    Creating a Buffett rule in Australia would raise an additional $2.5 billion a year from the top one per cent ... they shouldn't be paying all the tax while the millionaires simply are able to minimise theirs," he said. Community and Public Sector Union ...
    07/23/2015 - 3:55 pm | View Link
  • Report: Buffett millionaires tax would raise $47 billion
    WASHINGTON - A proposed 30% minimum tax on millionaires backed by President Barack Obama - dubbed the Buffett tax after investor Warren Buffett who supports it - would raise about $47 billion over a decade, according to a congressional report. The Joint ...
    03/21/2012 - 3:28 am | View Link
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BING SEARCH:
  • The Patriotic Millionaires
    The Patriotic Millionaires are a group of more than 200 Americans with annual incomes over $1 million and/or assets of more than $5 million who believe that the ...
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  • Warren Buffett
    Warren Edward Buffett (born August 30, 1930) is an American business magnate, investor and philanthropist. He is the most successful investor of the 20th century.
    08/1/2015 - 10:29 pm | View Website
  • Buffett Rule
    The Buffett Rule is part of a tax plan proposed by President Barack Obama in 2011. The tax plan would apply a minimum tax rate of 30 percent on individuals making ...
    08/1/2015 - 10:07 pm | View Website
  • Warren Buffett: Tax Me More!
    Warren Buffett has long been on a crusade to raise the taxes paid by people like himself. Usually, Buffett points out the he pays a lower rate than his ...
    08/1/2015 - 1:39 pm | View Website
  • Warren Buffett's Tax Whopper
    Warren Buffett's Tax Whopper Obama's business front man finances 'corporate deserters.'
    08/27/2014 - 1:30 am | View Website
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