Small group supporting the law organized by S.E.I.U. union
SAGINAW -- The Service Employees International Union (S.E.I.U.) is fed up with what they call an "unfair" tax system. On Tuesday nationwide protests organized by the union reached Saginaw. NBC25 visited a group of about 2 dozen people holding up signs in support of the "Buffett Rule". The rule is named for billionaire investor Warren Buffett who famously came out and said that his secretary pays a higher tax rate than he does, and then teamed up with the White House to try and pass legislation to change that.
"For him to stand up and say this isn't right... the system isn't set up right... we need to do something about that. That's what we're standing up for," said protestor Roderick Pritchett, also an SEIU organizer. "We agree with him, he's right."
The "Buffett Rule" would apply a minimum of 30% tax rate to individuals making over 1 million dollars per year. Something opponents say could be a job killer. The bill is currently stalled in the U.S. Senate.
