Candidate Obama was quite clear that revenue reductions due to tax policy changes bothered him much less than unfairness. It’s the one thing I believe him on.
RE: Candidate Obama was quite clear that revenue reductions due to tax policy changes bothered him much less than unfairness
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How “fair” does he want the tax code to be? The top 1% already pays nearly 40% of all the taxes, the top 10% pay nearly 70%, and 47% pay NO TAXES at all.