(CONNECTICUT) - President Barack Obama wants to extend the Bush tax cuts for incomes up to $250,000 but let them expire for incomes above that. He also wants to raise the top marginal rate (which isn’t what people actually pay) back to 39 percent, where it was during the Clinton era. The last time Obama picked this fight, Congressional
The Case For The Downward Redistribution Of Wealth
President Barack Obama speaks at a campaign event at the Century Village in West Palm Beach, Fla., Thursday, July 19, 2012. (AP Photo/Susan Walsh) (CONNECTICUT) – President Barack Obama wants to extend the Bush tax cuts for incomes up to $250,000 but let them expire for incomes above that. He also wants to raise the […]