President Obama has been touting the Buffett Rule, which proposes that millionaires and billionaires like Buffett shouldn't
pay a lower percentage of their income in federal taxes than middle -
class households.
It discovered that no matter how much they
paid in tuition, successful applicants came predominantly from middle -
class and upper - middle -
class neighbourhoods, with only a smattering of
household incomes trailing off into the $ 250,000 range.