RSSObama targets rich to fund health care
From: The Washington Times | July 20, 2009
It’s probably never a bad time to be rich. But the good times for America’s wealthy could soon be a little less so. President Obama wants to boost income taxes for the wealthy to pay for tax cuts for everybody else. He wants to limit the deductions that high-income families take for mortgage interest and charity contributions to help pay for providing more people with health insurance. Meanwhile, House Democrats are planning to hit the wealthy with even higher income taxes to pay for their version of a health care overhaul. Between the plans, a family of four with an …
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