Changes

The '''Buffett Rule'', named after [[Warren Buffett]], was a plan to increase taxes<ref>{{cite web |last1=Dubay |first1=Curtis S. |url=http://www.heritage.org/research/reports/2011/10/the-buffett-rule-fair-to-no-one |title=Obama Tax Increase and the Buffett Rule: Fair to No One |work=[[Heritage Foundation]] |date=October 3, 2011 }}</ref>.

The '''Buffett Rule'', named after [[Warren Buffett]], was a plan to increase taxes.<ref>{{cite web |last1=Dubay |first1=Curtis S. |url=http://www.heritage.org/research/reports/2011/10/the-buffett-rule-fair-to-no-one |title=Obama Tax Increase and the Buffett Rule: Fair to No One |work=[[Heritage Foundation]] |date=October 3, 2011 }}</ref>

==Background==

==Background==

The [[Congressional Budget Office]], the [[Joint Tax Committee]], and his own [[U.S. Treasury|Treasury]] have already told [[President Obama]] that his Buffett Rule will not produce any significant [[revenue increase]], about 0.1% of what Obama's own budget proposes to spend next year, and over the next 10 years, and about 0.3% of Obama's deficit this year<ref>{{cite web |last1=Ferrara |first1=Peter |url=http://townhall.com/columnists/peterferrara/2012/05/08/romneys_practical_vision_vs_obamas_leftwing_extremism |title=Romney's Practical Vision vs. Obama's Left-Wing Extremism |work=[[Townhall]] |date=May 08, 2012 }}</ref>.

The [[Congressional Budget Office]], the [[Joint Tax Committee]], and his own [[U.S. Treasury|Treasury]] have already told [[President Obama]] that his Buffett Rule will not produce any significant [[revenue increase]], about 0.1% of what Obama's own budget proposes to spend next year, and over the next 10 years, and about 0.3% of Obama's deficit this year.<ref>{{cite web |last1=Ferrara |first1=Peter |url=http://townhall.com/columnists/peterferrara/2012/05/08/romneys_practical_vision_vs_obamas_leftwing_extremism |title=Romney's Practical Vision vs. Obama's Left-Wing Extremism |work=[[Townhall]] |date=May 8, 2012 }}</ref>

==References==

==References==

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==See Also==

==See also==

*[[Tax rates and revenue]]

*[[Tax rates and revenue]]