Congressional Millionaires To Weigh Obama's Proposed 'Buffett Rule'

President Barack Obama's plan for a new minimum tax rate for people who earn more than $1 million a year will likely affect some of the people who will have a say on whether the rule becomes law.

Namely: Congress.

Obama's new tax proposal, which has been dubbed the "Buffett rule" after billionaire investor Warren Buffett, may include a change in how capital gains are taxed.