GRITtv: Is Taxing the Wealthy Good For Our Health?
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One of the proposals to pay for healthcare reform was to impose an income tax surcharge on families earning more than $350,000. Under pressure from congress, that number has now gone up to $1,000,000 for families and $500,000 for individuals. But does it stand a chance against the conservatives’ anti-tax fantasy? Today Rep. MAXINE WATERS, Columbia Business School Professor ERIC SCHOENBERG and others on why taxing the wealthy might be good for our health.