Battle to enact the tax increases on wealthy

Obama’s Tax Plan Is a Test for America

“The upcoming battle to enact the tax increases on the wealthy the President proposed Monday, [Vanderbilt University’s Larry] Bartels feels, may force us to face more fundamental truths. ‘If our leaders cannot bring themselves to support even this timid tax increase for the most fortunate Americans,’ he observes, ‘that will be bad news both for our fiscal prospects and for our civic faith that democracy can function effectively in a society marked by vast economic inequality.'” Continue reading »

 

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