Note: This live session of Office Hours has concluded. Check out the full question and answer session below or at Storify.com
In 2009, 1,470 people who made more than $1 million paid $0 in federal income tax. That means that while millions of middle class families paid their fair share in taxes that year—money that went to funding things like education, our military, and health care for seniors—a small group of high-income Americans paid nothing at all. Want to know how your tax dollars are spent? Check out your 2011 Federal Taxpayer Receipt.
President Obama believes in building an economy where everyone gets a fair shot, everyone does their fair share, and everyone plays by the same set of rules. That’s why he proposed the Buffett Rule. The Buffett Rule is simple: if you make more than $1 million a year, you should pay at least the same percentage of your income in taxes as middle class families do.
Have a question about the Buffett Rule? Want to know more where your tax dollars are spent? Join us on Wednesday, April 11th at 3:00 p.m. EDT, for a session of Office Hours on Twitter with Brian Deese, Deputy Director of the National Economic Council. Ask your question now using the hashtag #WHChat.
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So, stop by for Office Hours at 3:00 p.m. EDT on Wednesday, April 11th with Brian Deese. We’ve already noticed lots of people engaging in an active dialogue around this issue by using the hashtag #fairshare. We’re looking forward to joining the discussion. Be sure to follow @WhiteHouse on twitter for the latest news and more opportunities to engage.