Monday, August 27, 2012

Taxing Millionaires won't fix the Economy, Budget Expert says

From CBS News:
(CBS News) Federal budget expert Maya MacGuineas, president of the nonpartisan Committee for a Responsible Budget, said the "Buffett Rule" is not "going to come anywhere close to fixing the problem" of income inequality or the national debt
"Because...growing income inequality has been so pronounced in the past year, what you can't do is pretend that only taxing millionaires is going to come anywhere close to fixing the problem," MacGuineas said on CBS News' "Face to Face."
Budget expert: Taxing millionaires won't fix the economy || CBS News 

Related: The Decline of the Rich

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