The tax-the-rich truth squad

posted by
September 22, 2011
Foundation for Economic Education
by Steven Horwitz  
Posted in Commentary

"President Obama has unveiled his so-called deficit reduction plan. Besides spending cuts that aren’t really cuts, he has proposed ending the Bush-era tax cuts for individuals making $200,000 (couples $250,000) or more and an additional surtax on those earning a million or more. The President’s argument for the surtax is that no millionaire should pay a lower tax rate than his or her secretary." (09/22/11)  

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