Obama: Taxing High Earners to Fund Health Reform a "Good Idea"
CBS News: "I think the best way to fund it is for people like myself, who have been very lucky and are in the top -- not just 1 percent, but top half percent -- of the income ladder to pay a little bit more," Mr. Obama said. The president acknowledged the House and the Senate may have different ideas about how to pay for reform. He did not specifically express support for House Democrats' proposed tax increases or another particular proposal on the table. However, he said, "The general notion that those of us who are the best off can pay a little bit more upfront to help reform a system that will save us money over the long term, I think that's a good idea."
