The proposed Buffett rule to make rich Americans pay more in taxes would barely make a dent in...

|By:, SA News Editor

The proposed Buffett rule to make rich Americans pay more in taxes would barely make a dent in the U.S. debt, according to one analysis. The Joint Committee on Taxation says the Buffett tax would raise ~$31B over the next decade - less than one-tenth of 1% of a projected $7T-plus increase in the federal debt.