| http://www.w3.org/ns/prov#value | - Obama???s proposed tax increase on people making above $250,000, who already pay the majority of the nation???s taxes, will mean a marginal tax rate on wages of around 65% in high tax states such as California and New York, up from about 45% today, Smetters adds. ???Even then, Social Security and Medicare will be quite broken and so more revenue will be needed from them.
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