Obama to propose millionaire's tax to cut the deficit
The president will propose that those earning more than $1 million annually pay at least the same rate as middle-class earners. The idea is likely to be strongly opposed by the GOP.
Source: L.A. Times
JG: It is high time for the rich to start paying their fair share. Eliminate the Bush tax cuts for the super-rich. For the last ten years they have been PARASITES!