What is the Buffett rule that JPMorgan CEO Jamie Dimon says can solve America's debt problem? Here's what the middle class should know

JP Morgan CEO Jamie Dimon's suggestion for the US national debt crisis involves what is being known as the 'Buffett rule'. Dimon is of the opinion that the wealthy and the middle-class should be taxed equally, which has the potential to do away with the US national debt issue. Can that really happen?