Sep 18, 2011

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Obama to propose “Buffett Tax” on millionaires – msnbc.com

President Barack Obama, in a populist step written to interest to voters, will introduce a “Buffett Tax” upon people creation some-more than $ 1 million a year as partial of his necessity recommendations to Congress upon Monday.

Such a proposal, in between suggestions to a congressional supercommittee approaching to find up to $ 3 trillion in necessity assets over 10 years, would interest to his Democratic bottom forward of a 2012 choosing though might not lift most in revenues.

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