Pursuits
Obama Would Push Taxes on Top Earners Above Clinton Level
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President Barack Obama says he wants top earners to pay the tax rates they did under President Bill Clinton. He actually wants them to pay more.
By increasing investment taxes, limiting breaks and setting a minimum tax rate, Obama would extract more than $900 billion from the top 2 percent of earners over the next decade. That’s on top of the $849 billion that would flow to the government if the George W. Bush-era tax cuts expire for that group.