What Difference Does Obama’s “Buffett Rule” Make?

President Obama and Democrats have been talking up the Buffett Rule (a minimum 30% tax on people making over $1 million per year) for some time now. So what kind of difference does the Buffett Rule make?

I’ve seen revenue estimates between $30 billion and $40 billion over 10 years, but what kind of difference would that make in the scope of government finances?

Not too much.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

About Matthias Shapiro 7 Articles

Matthias Shapiro is a Silverlight visualization designer/developer based in Salt Lake City, Utah. He has an MS in Information Design and Technology from Georgia Institute of Technology. His talk on effective information visualization at Ignite Salt Lake City in 2009 was selected as a weekly highlight by O'Reilly's Ignite Show. He has spoken internationally about the process of creating practical and effective data visualizations from real-time automated visualizations to low tech "found object" visualizations and is a contributing author to "Beautiful Visualization", an O'Reilly compilation of data visualization techniques and projects.

Visit: Political Math

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.