President Obama wants Congress to end certain tax breaks for the very wealthy. In response, Senate Democrats introduced legislation that would require those earning $1 million annually to pay no less than 30 percent in taxes. The bill faces Republican opposition, and is likely to be an election year issue.
Source: http://www.npr.org/2012/02/04/146342119/buffett-rule-becomes-a-bill-and-congress-bickers?ft=1&f=1003
Capuano, Michael E. Cardoza, Dennis A. Carnahan, Russ Carney, Christopher P. Carson, André
