Terri Sewell Quotes
I think that something is fundamentally wrong if a person of his great wealth is only paying 13.9 percent effective tax rate and most of Americans are paying 28, 30 percent and they make far less.
Sewell, Terri. Interview. CNN Newsroom, CNN, 24 Jan. 2012.
This became known as the Buffet Principle—that the very rich should not pay a lower tax rate than the workers who make far less money than they do. President Barack Obama used this principle by name in calling for the 2011 Jobs Act which would eliminate some of the loopholes and exemptions by which the rich could avoid some or much or their tax obligation.
Two decades later, in 2011, the fact that the very wealthy often paid tax at a much lower rate than the middle class and even some working poor became a major political issue.
Terrycina Andrea "Terri" Sewell is an American lawyer and politician. She is a member of the Democratic Party. She has served as the U.S. Representative since 2011 for Alabama's 7th congressional district, which includes most of the Black Belt, as well as most of the predominantly black portions of Birmingham, Tuscaloosa, and Montgomery.