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President Obama plans to increase government revenues by allowing the current tax legislation to expire in 2010 increasing the highest income tax rate to 39.6% from the current 35%. Who are the top 2% of Americans earning above $250,000 that the President refers to? What is their role in economic growth? Are there still 2% of Americans earnings above $250,000 after the collapse of multiple corporations, investment firms and hedge funds? What are your thoughts?
