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View Diary: Obama: Extend middle-class tax cuts, forget borrowing for the rich (414 comments)

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  •  Actually, all you need is for the taxes (0+ / 0-)

    to reflect accurately the value of what's being produced.

    Right now, the middle class pays what--28 to 35% of income tax. The super-wealthy, who don't make income for the bulk of their wealth pay 15% on the money they inherited that just sits there and does nothing but make more money through interest. The money not tied to working and producing should be taxed at a higher rate.  

    I 'ship Obama/America. OTP

    by athenap on Sun Nov 07, 2010 at 04:52:53 AM PST

    [ Parent ]

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