Op Ed: Read My Lips: Fairer Taxes (American Prospect)
April 12, 2012
By David Callahan
The “Buffett Rule” proposed by President Obama and now being considered by the Senate would be an important symbolic step toward a fairer tax system. By instituting a minimum tax on very high earners, it would advance the principle of progressive taxation and reform the tax code in an overdue way.
By itself, though, the Buffett Rule does not go nearly far enough. It should be a small piece of a much larger agenda for restoring fairness to America’s tax system. Some of this agenda is reflected in President Barack Obama’s 2013 budget proposal, but other important ideas are not yet being seriously considered. Here are six such ideas that should be part of the national debate.
Read the whole article >>
Tags: Buffett Rule, OpEd, Taxes