marți, 10 aprilie 2012

Why the Buffett Rule Matters

The White House Your Daily Snapshot for
Tuesday, April 10, 2012
 

Why the Buffett Rule Matters

Nearly one-quarter of all millionaires (about 55,000 taxpayers) pay a lower tax rate than millions of middle income taxpayers. Warren Buffett has famously said that he pays a lower tax rate than his secretary, and he agrees that isn't fair.

To reform our tax system, which is currently tilted in favor of very high-income households, President Obama has proposed a basic principle of tax fairness called the Buffett Rule.

Check out a chart that explains why the Buffett Rule matters.

Watch the President speak about the Buffett Rule at 2:55 p.m. EDT.

Photo Gallery: Easter Egg Roll

Photo of the Day 040912

President Barack Obama does push-ups on the White House Basketball Court after a member of the Harlem Globetrotters made a shot, April 9, 2012. The President participated in "Shoot for Strength", a game where children did push-ups for every basketball shot made by the pros, during the 2012 White House Easter Egg Roll festivities. (Official White House Photo by Pete Souza)

In Case You Missed It

Here are some of the top stories from the White House blog:

Official Sources Agree: The Affordable Care Act Reduces the Deficit
According to the official Administration and Congressional scorekeepers, the Affordable Care Act will reduce the deficit: its costs are more than fully paid for.

President Obama Meets with President Rousseff of Brazil
Leaders discuss the deepening relationship between the two largest economies in the Western Hemisphere.

White House Office Hours: The Buffett Rule
Have a question about the Buffett Rule? Join us on Wednesday, April 11th at 3:00 p.m. EDT for a session of Office Hours on Twitter with Brian Deese, Deputy Director of the National Economic Council.

Today's Schedule

All times are Eastern Daylight Time (EDT).

9:10 AM: The President departs the White House en route Joint Base Andrews

9:25 AM: The President departs Joint Base Andrews en route West Palm Beach, Florida

11:45 AM: The President arrives West Palm Beach, Florida

1:15 PM: The President delivers remarks at a campaign event

2:30 PM: The Vice President meets with Vice President Mohammed Namadi Sambo of Nigeria at the White House

2:55 PM: The President delivers remarks on the economy at Florida Atlantic University WhiteHouse.gov/live

6:00 PM: The President delivers remarks at a campaign event

8:05 PM: The President delivers remarks at a campaign event

9:20 PM: The President departs Hollywood, Florida, en route Joint Base Andrews

11:30 PM: The President arrives Joint Base Andrews 

11:45 PM: The President arrives the White House

WhiteHouse.gov/live Indicates that the event will be live-streamed on WhiteHouse.gov/Live

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