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Tue, Nov. 20 2012 01:10 PM EDT

Are Democrats Serious About Taxing Millionaires?

By Napp Nazworth
President Barack Obama and his fellow Democrats have been arguing that Republicans want to protect tax cuts for "millionaires and billionaires," even though Democrats are really talking about raising taxes on those making more than $250,000. An idea appears to be floating around some Republican congressional circles to offer to raise taxes on actual millionaires while preventing taxes from going up for those making more than $250,000. (A link to this page will be included in your message. )

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