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Obama lines up tax hike for the rich

by Kevin Reed

More from this author

20 Sep 2011

US President Barack Obama

US WEALTHY must pay the same tax rate as the middle classes, said president Barack Obama.

In a speech yesterday, the president said those earning more than a million dollars a year should pay as similar rate to the middle classes.

The idea that a hedge fund manager should pay the same tax rate as a plumber was not class warfare, but 'math', Obama added.

Visitor comments Add your comment

Is this an article?

It's three sentences. Some additional background on what tax rates are currently in force in the US would have been useful but as it stands the 'article' hardly tells me any more than the title.

Posted by: Helen , 20 Sep 2011 | 15:57

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