William Hague Quotes


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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.


At the time, he, th richest man in America was paying a lower ta rate than his secretary, his employees and the waiter who served him lunch. The “Buffet Rule” was developed and named for him that said that wealthy people should pay a minimum rate of taxation regardless of tax credits, deductions and other means of tax avoidance.


Even on Medieval days in Europe, the wealthy barons paid lower tax rates that their lowest peasants. Relief from taxes was one of the privileges of the very rich. The practice has been made more cosmetic, but the result seems to have been the same into the 21st century.


William Hague
William Hague
  • Born: March 26, 1961
  • Nationality: British
  • Profession: Politician

William Jefferson Hague, Baron Hague of Richmond, PC, FRSL is a British Conservative politician and life peer. He represented Richmond, Yorkshire, as its Member of Parliament (MP) from 1989 until 2015 and was the Leader of the Opposition from 1997 to 2001. He was Secretary of State for Foreign and Commonwealth Affairs from 2010 to 2014 and was the Leader of the House of Commons from 2014 to 2015.