Obama to call for new minimum tax rate for millionaires
Posted in Main Blog (All Posts) on September 19th, 2011 4:34 am by HL
Obama to call for new minimum tax rate for millionaires
Republicans Sunday criticized President Obama’s plan to call for a new minimum tax rate on millionaires as “class warfare” that would do little to create new jobs and instead would hurt the small businesses that drive the economy.
“Class warfare.?.?.may make for good politics, but it makes a rotten economics,” Rep. Paul Ryan (R-Wisc.), chairman of the House budget committee, said on “Fox News Sunday.” “We don’t need a system that seeks to divide people.?.?.We need a system that creates jobs and innovation.”
Strauss-Kahn admits to ‘moral failings,’ maintains his accusers in 2 rape cases ‘lied’
PARIS — Dominique Strauss-Kahn broke his silence four months after a New York hotel maid accused him of sexual assault, calling his encounter with the woman a “moral failing” he deeply regrets, but insisting in an interview on French television Sunday that no violence was involved.
Strauss-Kahn, the former head of the International Monetary Fund and a one-time top presidential contender in his native France, also denied using violence against a French writer who claims he tried to rape her in a separate 2003 incident.
Republican front-runners Mitt Romney, Rick Perry come from different worlds
The Republican Party has produced as front-runners for the presidential nomination two men just three years apart in age but who otherwise are about as different as possible — in style, substance, biography and their appeals to voters.
One was born into a privileged family in a tony Michigan suburb; the other, onto a flat expanse of West Texas dirt with no indoor plumbing. One spent his youth tooling around his father’s car factory; the other, selling Bibles door to door so he could afford to buy a car. One excelled at Harvard University, simultaneously earning law and business degrees and swiftly climbing the corporate ladder; the other, his hope of becoming a veterinarian dashed when he flunked organic chemistry at Texas A&M University, joined the Air Force.
