Tax the Rich? Tax the Millionaires!
By Paul Hogarth
Beyond Chron
While President Obama capitulates to right-wing Republicans by extending tax cuts for the wealthy, some Democrats in Congress are pushing what is not only good policy – but smarter politics. Bernie Sanders in the Senate and Jan Schakowsky in the House have sponsored legislation to raise taxes on millionaires – rather than restoring the Clinton tax brackets for those making over $250,000.