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Report: Just $47B from Buffett rule tax on rich

Posted by Politics News Headlines - Yahoo! News On March - 20 - 2012 News Politics

FILE - In this March 14, 2012 file photo, Warren Buffett and Astrid M. Buffett arrive at the Booksellers area of the White House in Washington for the State Dinner hosted by President Barack Obama and first lady Michelle Obama for British Prime Minister David Cameron and his wife Samantha. A bill designed to enact President Barack Obama's plan for a A bill designed to enact President Barack Obama's plan for a "Buffett rule" tax on the wealthy would rake in just $47 billion over the next 11 years, according to an estimate by Congress' official tax analysts obtained by The Associated Press.


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