me in office to attempting to stop bleeding of worldwide magnitude.One of his predecessor's more serious mistakes involved mindless tax-cutting while buying wars on credit, effected in a way guaranteed to engender uncertainty at the conclusion of the tax holiday. Today's signal that President Obama intends to work to ensure that the budget-busting party is over for the nation's most affluent citizens is a welcome development.
The natural next step will be to fight to restore reasonable taxation of billion-dollar inheritances.
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