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Reich: Raising taxes is the only solution

In his Trickle Down or Bottom Up post, Robert Reich writes that the only way to solve our budget and debt woes is to raise taxes on the rich:

The only way is to stop obsessing about balancing the budget and start pushing for a serious tax hike on the rich. Yet all Democratic presidential candidates are styling themselves "fiscal conservatives" and none has suggested raising the marginal tax rate on the richest beyond the 38 percent rate it was under Bill Clinton. They may talk bottom-up economics but they're still wedded to trickle down.

Robert Reich thinks we should raise taxes on the rich. So does Warren Buffett. I do, too. With the three of us on board, what more convincing do you need? We're like the holy trifecta of tax policy specialists! Or something...

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