Obama to Propose Millionaire Tax

President Barack Obama is looking to impose a new tax rate on people that make more than $1 million per year.
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/118446163.jpg" alt="Warren Buffett, chairman of Berkshire Hathaway, attends the Allen & Company Sun Valley Conference on July 7, 2011 in Sun Valley, Idaho.  (Scott Olson/Getty Images)" title="Warren Buffett, chairman of Berkshire Hathaway, attends the Allen & Company Sun Valley Conference on July 7, 2011 in Sun Valley, Idaho.  (Scott Olson/Getty Images)" width="575" class="size-medium wp-image-1797597"/></a>
Warren Buffett, chairman of Berkshire Hathaway, attends the Allen & Company Sun Valley Conference on July 7, 2011 in Sun Valley, Idaho.  (Scott Olson/Getty Images)