CHICAGO, IL — Today, Obama for America released a newdigital calculator that individuals can use to see how their tax rate stacks up against Mitt Romney’s – and then see what the Buffett Rule would do to make the tax code more fair so that we can help reduce the deficit and grow the economy. The calculator highlights President Obama’s efforts to close loopholes and end special tax breaks that let some of the wealthiest pay a lower tax rate than many middle-class families. Mitt Romney defends a system that rewards people like him at the expense of the middle class and the economy as a whole by allowing him to pay a lower tax rate than the average middle-class American.
The digital calculator helps Americans see how if the Buffett Rule were enacted, everyone would pay their fair share, helping to reduce the deficit and continuing investments in programs that create jobs, grow our economy and strengthen the middle-class.
To use the calculator and read more about the Buffett Rule, please click here:http://barackobama.com/buffett-rule