November 9th, 2012
01:55 PM ET
10 years ago
Obama calls on House to pass tax hikes for wealthy
Washington (CNN) - Flush with re-election vigor, President Barack Obama called Friday for House Republicans to immediately pass a bill already approved by the Senate to extend current tax rates for middle class Americans while allowing a tax hike for wealthier citizens.
In his first public comments since winning Tuesday's vote, Obama expressed openness to negotiate with Congress on how to deal with pending tax hikes and spending cuts that create the so-called fiscal cliff facing the economy at the end of the year.
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Back in October 2011, Reuters reported, "For those earning $1 million or more annually, 65 percent of respondents said they would support income tax increases."
In July 2012, Pew reported that by two-to-one, Americans support raising taxes on the wealthy (incomes above $250,000) and that it would help the economy.
Why aren't Republicans listening to the will of the people?!?