In a comment from my post on How to Cut the Federal Deficit, there was objection to taxing the wealthy at higher rates. The comment said: “Remember ? they [the wealthy] worked hard for that money, and free markets determined what they do is of such high value.” I did not suggest it was fair […]
Read the full article →
In order to pay for health care proposals that extend coverage to 37 million people who are currently without coverage, House Democrats recently announced a plan to raise personal income tax rates up to 5.4% on incomes over $350,000. The Obama Administration is supporting a similar plan. In a recent article about the proposal in […]
Read the full article →
