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Bachmann tax plan: poor would pay more; wealthy shouldn't pay less than low, middle income
COLUMBIA, S.C. (AP) ' White House hopeful Michele Bachmann wants an overhaul of the nation's tax income system that would have the nation's poor paying more.
In an interview with The Associated Press on Monday the Minnesota congresswoman and tax lawyer talked up her own tax plans to compete with proposals from Herman Cain and Mitt Romney.
Bachmann lately has proposed doing away with the earned income tax credit that encourages people to work.
Billionaire Warren Buffett had complained about his secretary paying more of her income in taxes than he did in August. Bachmann said at the time that he should write a check if he wasn't paying enough.
On Monday Bachmann said people who can afford to pay more should and they shouldn't pay less than people with low- or middle-incomes.