Republicans Introduce Alternative "Buffett Rule"

From Roll Call:

Congressional Republicans are countering President Barack Obama's attempt to raise taxes on millionaires, and they are appropriating his proposal's name to do it.

Rep. Steve Scalise (R-La.) and Sen. John Thune (R-S.D.), backed by anti-tax advocate Grover Norquist, introduced the Buffett Rule Act last week. The bill would instruct the IRS to add a check box on 1040 forms for taxpayers to indicate that they want to voluntarily pay extra....MORE

HT: Carpe Diem