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| Source:ABC News- left to right: U.S. Senator Patty Murray (Democrat, Washington State) & U.S. Senator Saxby Chambliss (Republican, Georgia) |
"Two key senators on David Petraeus' resignation and the upcoming "fiscal cliff" negotiations."
From ABC News
Here's a solution for the fiscal cliff and the economy: savings in defense, entitlements, tax reform. But done in a way that doesn't hurt anyone who can't afford it. Which means putting in something like a millionaires tax where anyone making a million dollars or more, would pay the same tax rate that they are paying today, but every dollar over a million dollars, their taxes would go up and those savings would go towards deficit reduction. should be part of this.
Here's a solution for the fiscal cliff and the economy: savings in defense, entitlements, tax reform. But done in a way that doesn't hurt anyone who can't afford it. Which means putting in something like a millionaires tax where anyone making a million dollars or more, would pay the same tax rate that they are paying today, but every dollar over a million dollars, their taxes would go up and those savings would go towards deficit reduction. should be part of this.
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