Obama to seek a new tax rate for wealthy

President Barack Obama speaks during a Rural Economic Forum, Tuesday, Aug. 16, 2011, at Northeast Iowa Community College in Peosta, Iowa, during his three-day economic bus tour. (AP Photo/Carolyn Kaster)

September 17, 2011 5:21:47 PM PDT
President Barack Obama is expected to seek a new base tax rate for the wealthy to ensure that millionaires pay at least at the same percentage as middle income taxpayers.

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