The Obama Tax Hikes May Be Unfair To Millionaires

September 27, 2011 at 3:36 pm

Everybody knows that the United States owes a lot of money to the Chinese.

President Barack Obama’s plan is to raise that money without having to cut spending by increasing taxes on millionaires and other super-wealthy Americans.

This seems like a fine idea at first, especially to those of us in Preble, who are regular everyday hardworking people and wouldn’t be affected by the taxes at all. But at the same time, is it possible that we’re giving millionaires the “short end of the stick”? Read more →→→