Obama Tax The Rich

SurTax Would Pay 4 Months Of Deficit

What problem, if any, would Senate Democrats’ proposed surtax on annual income over $1 million solve? We can only think of one, and it’s purely political: divisions within the Senate Democratic caucus over how to pay for Barack Obama’s $447 billion jobs bill, which have heretofore prevented the majority-Democratic chamber from acting on the measure “right away,” as the president wants....more


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