‘Buffett rule’ fails its first test in Congress

House Republicans on the Budget Committee on Wednesday rejected an effort to impose the “Buffett rule” tax on Americans, arguing it would stifle investment without doing any work to lower the deficit. The vote came as the panel worked its way through the House GOP’s budget, released earlier this week, which draws the broad outlines of a rewrite of Read more about ‘Buffett rule’ fails its first test in Congress[…]