Jamie Dimon Proposes 'Buffett Rule' to Address National Debt

Reported about 2 months ago

JPMorgan Chase CEO Jamie Dimon is advocating for a dual approach to tackle America's $35 trillion national debt, which includes enhancing military spending and reforming the tax system for middle-income families. He proposes implementing the 'Buffett Rule,' which suggests that households earning over $1 million should not pay a lower percentage of their income in taxes than middle-class families. Dimon emphasized the need for economic growth while suggesting that a slight tax increase on the wealthy could help balance the nation's finances.

Source: YAHOO

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