Barack Obama: The Rich “Don’t Need a Tax Cut”

After all, they “didn’t build that.” The government helped these rich people achieve their wealth. They’re not in any need of a tax cut. In fact, what they need is to be taxed even more. They’ve got to “pay their fair share” and help spread the wealth around. Obama made his comments probably in response to a GOP plan to eliminate the death tax on inheritances of $11 million or more: “These folks at the very top, the top one-tenth of one percent, are wonderful people,” Obama Read more […]