Obama's Proposed 30% Minimum Tax On Millionaires Would Raise $73 Billion Per Year

Quicklink submitted by Amanda Lang     Permalink
Related Topic(s): ; , Add Tags

View Ratings | Rate It

opednews.com Headlined to H2 3/1/12

Become a Fan
  (9 fans)


At thinkprogress.org

According to calculations by Center for American Progress Director for Fiscal Reform Seth Hanlon, the 30 percent minimum tax for millionaires laid out by President Obama in his latest State of the Union Address would raise $73 billion per year, while affecting just 0.1 percent of taxpayers. The average tax increase for those affected would be just 2.2 percent.

Read the rest of the story HERE:

At thinkprogress.org


 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
2 people are discussing this page, with 2 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

I think we better find other solutions.  73 b... by Skeptic1 on Friday, Mar 2, 2012 at 1:26:09 AM
Glad you have the resources to dismiss $73 billion... by Amanda Lang on Saturday, Mar 3, 2012 at 5:06:13 AM