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Obama Says Most Millionaires Willing to Pay Higher Taxes, Urges Jobs Plan

From bloomberg.com

President Barack Obama again urged Congress to pass his jobs plan, saying most millionaires “are willing to step up” and pay higher taxes to support it. In his weekly radio and Internet address Obama cited a survey, though not by name, taken in October of Americans with $1 million or more in investments by Spectrem’s Millionaire Corner, an investing website. The survey found that 68 percent of those polled said that taxes should be raised on people making a million or more in income. “In this country, we don’t begrudge anyone wealth or success -- we encourage it.  We celebrate it,” Obama said in the ... (full story)

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