Obama called for a fair economy, reforming the tax system, so that the rich bear the corresponding responsibility.
He asked the U.S. millionaire take up 30% rate.
“We need to change the tax system so that members of Congress with me and, like most people, fair share of tax share.”
He believes that if the annual income of over $ 1 million, “should pay 30% tax.” He also promised not increase the $ 250,000 annual income tax burden on people.
He proposed to abolish the millionaire, in housing, health care, retirement and tax relief for child care area. “If you earn $ 1 million a year, you do not need special subsidies and tax relief.”
Obama identified in the State of the Union