
Over the course of the year President Obama has spent a lot of effort telling Americans how wealthy individuals and corporations should contribute more of their money to taxes. The boldest of these efforts was during his September 8 jobs speech:
I am also — I’m also well aware that there are many Republicans who don’t believe we should raise taxes on those who are most fortunate and can best afford it. But here is what every American knows: While most people in this country struggle to make ends meet, a few of the most affluent citizens and most profitable corporations enjoy tax breaks and loopholes that nobody else gets. Right now, Warren Buffett pays a lower tax rate than his secretary — an outrage he has asked us to fix. (Laughter.) We need a tax code where everyone gets a fair shake and where everybody pays their fair share.| MORE
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