Monday, April 25, 2011

Taxing The Rich

With an eye on the polls, Democrats to push tax hikes for the wealthy - The Hill's On The Money:

"Congressional Democrats say they will aggressively push to allow taxes to rise for the wealthiest Americans — a move they say is not only widely popular, but sets up a stark contrast with Republicans who want to keep the tax rates the same but make broad changes to entitlement programs.

With the Bush-era tax rates now set to expire at the end of next year, some question remains about whether Democrats on Capitol Hill will coalesce behind a plan for higher taxes for annual incomes above $250,000 for families or income north of $1 million..."

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