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Wednesday, March 21, 2012

"Millionaires likely would find legal ways to avoid paying higher taxes under President Barack Obama's proposed 'Buffett Rule'..."

"... a new congressional estimate finds.."
The proposal—spelled out in Mr. Obama's State of the Union address—would impose a 30% minimum tax rate on those who make more than $1 million a year. It is named for the billionaire investor Warren Buffett, who advocates higher taxes on the very wealthy.

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