Is it finally time to end the Bush tax cuts for the wealthiest of Americans? President Obama says yes.
Via the Hill:
Obama spoke at a town hall forum in Reno, Nev., the third such event he is holding during his West Coast swing following the launch of his reelection campaign.
“We also have to end the tax cuts for the wealthiest Americans. And it’s not because we want to punish success,” he said. “It’s because if we’re going to ask everyone to sacrifice a little, we can’t just tell millionaires and billionaires that they don’t have to do a thing.”
And ending the cuts might not just fill a huge hole in the budget that desperately needs it, it could provide very popular with his reelection prospects, too. After all, 72 percent of Americans polled recently stated that they agreed with raising taxes on those making more than $250,000 a year.
Now he just needs to figure out how to get them all to show up at the polls in November of 2012.
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