New numbers from CNN show the Buffett Rule, a proposal from the Obama Administration that would make those making more than a million dollars pay a higher effective tax rate, is supported by nearly three quarters of the American public. A 72 percent majority said they supported “…a proposal to change the federal income tax rates so that people who make more than one million dollars a year will pay at least 30 percent of their income in taxes,” versus 27 percent who were against it. The Buffett Rule, named after billionaire investor Warren Buffett, saw 90 percent support amongst Democrats, 69 percent of independent voters, and 53 percent of Republicans.
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