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Report: Boehner Proposes Tax Rate Hike on Millionaires, White House Rejects (UPDATE: Or Not?)

tuttletacoma Wrote: Dec 17, 2012 12:27 PM
comrade immoderate so are you prepared to to liquidate 10% of your wealth to fund the deficit oh wait, how much value does your cardboard box you call home or your grocery cart that you use to collect your goodies from the dumpster really have

We had the AP's write-up of this story on the homepage yesterday, but I think it's worth a second look.  Politico initially broke the news, so let's consult the original source:

Speaker John Boehner has proposed allowing tax rates to rise for the wealthiest Americans if President Barack Obama agrees to major entitlement cuts, according to several sources close to the talks. It is the first time Boehner has offered any boost in marginal tax rates for any income group, and it would represent a major concession for the Ohio Republican. Boehner suggested hiking...