House Budget Committee Chairman Paul Ryan is ripping President Barack Obama's plan to raise taxes on the rich, calling it "class warfare."
The so-called “Buffet rule” would make sure millionaires pay about the same tax rate as the employees that work for them. It’s named after billionaire Warren Buffet, who has said that he is taxed at a rate of about 17.4 percent, while his secretary is taxed at a rate of about 36 percent.
http://www.politico.com/blogs/politicolive/0911/Ryan_Buffett_Rule_class_warfare.html
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