Today as millions of Americans go to the post office and file their taxes online, U.S. Rep. Gary Peters marked this Tax Day with a call for greater tax fairness. Because many millionaires and billionaires currently pay a lower tax rate than many middle and working class Americans, President Obama proposed the "Buffett Rule" during his State of the Union Address. If passed, the Buffett Rule would ensure that those making $1 million or more per year would pay at least a 30% tax rate.
However, yesterday in the U.S. Senate, Republican obstructionists protected billionaires by blocking debate on the Buffett Rule. In response to this vote and to mark this Tax Day, U.S. Rep. Gary Peters issued the following statement:
"Today millions of hardworking Michiganders are doing their part by paying their taxes, and now it's time for Congress to do its part," said U.S. Rep. Gary Peters. "There is no reason why someone making $1 million or more per year should pay a lower tax rate than a teacher or an auto worker, and that's why President Obama proposed the Buffett Rule. It's disappointing that Senate Republicans put billionaires first by blocking debate on the Buffett Rule, but I'm committed to working with President Obama to finally achieve tax fairness that puts working Americans first."