RI voters to weigh in on 'Buffett Rule' bill

CRANSTON, R.I.

U.S. Sen. Sheldon Whitehouse is holding a roundtable discussion in Rhode Island on his "Buffett Rule" legislation, which would hike taxes on the wealthiest individuals.

Under Whitehouse's bill, called the Paying a Fair Share Act, those earning at least $1 million annually in salary or investments would pay at least 30 percent of their income in taxes. The proposal is named after the billionaire investor Warren Buffett, who has said that taxes on the rich are too low.

The event is scheduled to be held Tuesday morning at the Cranston headquarters of the Comprehensive Community Action Program. Whitehouse's office says residents from Cranston, Providence and Woonsocket will be taking part.

The Senate is expected to vote on the legislation on April 16.