Dear President Obama. It's not the Warren Buffett's we need to fix.
We need to refine this, and relabel this the GE tax.
Very simply, as I have said for many years...
Make over a million dollars? Your new tax will be calculated as a minimum of one percent of your GROSS income, including ALL capital gains, dividends, etc.
NO reductions for ANYThING at all.
Think of it as the new millionaire's minimum tax (MMT),,,
Arguh (talk like a pirate day...)
Argh, ye mateys.... No pay taxes in US? Walk the plank!!!!!