Thursday, September 8, 2011

Big Tax Hikes Coming? | The Weekly Standard

Big Tax Hikes Coming? | The Weekly Standard

Barack Obama has said that raising taxes in a struggling economy is “the last thing you want to do,” but for some Democrats on Capitol Hill raising taxes is a top priority. A proposal from Democratic members of the House Ways and Means Committee obtained by THE WEEKLY STANDARD favors raising top marginal income tax rates to nearly 50 percent.

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