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Alexander vows to vote against 'Buffett Rule'

April 12th, 2012 11:03 pm by Hank Hayes

Alexander vows to vote against 'Buffett Rule'

KINGSPORT — U.S. Sen. Lamar Alexander pledged Thursday to vote against the so-called “Buffett Rule” called for by President Barack Obama to make millionaires pay at least 30 percent of their income in taxes.

The Obama administration is calling for a Senate vote on the rule, named for billionaire investor Warren Buffett, who the administration says pays a lower effective tax rate than his secretary.

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