NEWS FLASH

Actor Will Smith Supports The Buffett Rule: ‘I’m Very Supportive Of That Idea’ | While on set of his next film, actor Will Smith announced his support for the Buffett Rule, a minimum tax on millionaires proposed by Senate Democrats and President Obama. “I’m very supportive of that idea,” Smith told The Associated Press. “America has been fantastic to me. I have no problem paying whatever I need to pay to keep my country growing.” Smith is expected to earn $20 million for Men In Black III, and he earned $36 million from July 2010 to June 2011, according to Forbes. He isn’t the first celebrity to endorse higher taxes on the rich: in December, rap icon Jay-Z told CNN that “most people with a conscience, with some integrity, and moral fiber wouldn’t have any problem paying more taxes.”