Increasing the tax rate of the rich MUST be part of a plan to reduce the national debt.
Why is this important?
The rich paying more through HIGHER TAX RATES, not through other tax concessions only, MUST be the first requirement for developing a balanced approach to the debt crisis. President Obama SHOULD NOT compromise raising the tax rates of the rich; IT WOULD BE VERY DEMEANING TO THE PRESIDENT'S CHARACTER FOR HIM TO GO BACK ON HIS WORD TO DO SO.
