You?ll also have to wait a while before Fortune posts Nina Easton?s latest column, ?How Obama plans to pay for his agenda: A little tax here, a little tax there, and soon you?re talking real money.?
But we?ll give you a little taste of it now:
Not long ago House Democrats were pushing a more overt ?millionaire?s tax.? At least the intention was clear Instead, the White House is pursuing a drip, drip, drip of microtaxes on the nearly 3.5 million households Obama considers wealthy enough to fund his government plans. And, oh, how those nickels and dimes add up. ?We estimate that the health reform law will take an additional $52,000 on average from the top 1%? of earners, concluded the nonpartisan Tax Foundation. Households affected by the expiration of the Bush tax cuts ? along with other tax hikes in his budget ? will pay an additional $17, 925 on average. Citizens, especially the so-called wealthy, aren?t going to be happy about the onslaught of new tariffs.
