Obama's Buffett Rule fails in Senate

Monday, April 16, 2012

   
The Washington PostMonday, April 16, 2012 7:21:41 PM
NEWS ALERT

Senate rejects Obama plan for 30% tax rate for millionaires


The U.S. Senate, by a vote of 51-45, has blocked consideration of the Buffett Rule, a key initiative by President Obama to require millionaires to pay a minimum tax rate of 30 percent. Republicans kept the measure from receiving the 60 votes necessary to allow the Senate to open debate.


Read more at:
http://www.washingtonpost.com/politics/senate-rejects-consideration-of-buffett-rule-tax-increase-for-millionaires/2012/04/16/gIQAouHOMT_story.html



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