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Boehner pitches millionaire tax hike in fiscal cliff negotiations

  • Quartz Staff
By Quartz Staff
United StatesThis article is more than 2 years old.

A link from Politico

Politico reports that US House Speaker John Boehner has made a significant concession in negotiations to avoid the so-called fiscal cliff: He’s willing to support legislation that would raise tax rates on Americans making more than $1 million a year. President Obama has called for taxes to go up on individuals making more than $250,000 a year.

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