The Warren Buffet Rule

I think this is a bit of a misrepresentation of the rule. That being said, the rich already contribute FAR more to society than any other class of people and it always gets missed from the discussion. Rich people invest their money and create businesses. Those businesses create jobs that employ people and offer opportunities. Those jobs produce tax revenues from the wages taxed and the earnings spent. On TOP of all of that, regular folks can INVEST in those businesses and share the profits. Taxing the rich is ridiculous anyway. A tax is a cost of doing business and ALL costs of doing business are passed along to the consumer. Tax the rich and the businesses more, and you will pay more for everything and earn less. A small example of this is when I owned real estate. I wrote the check to pay the property taxes, sure. But the taxes I paid were collected from the people who rented from me. Essentially, I paid no property taxes at all because the taxes were added to the rent charged. If the tax goes up? I charge more for the rent to make up the difference. Who paid the tax? Not me. The renter did.

i feel like people earning in millions are doing charity work with their taxes, because those in the middle and lower classes tax amounts to very little which probably cannot even be used to build any social amenity

I always likes the fair tax, I wish we could adopt that. No tax on 2nd hand items. If you have not read about it you should it was a great idea.