Rich folks forgo Bush tax cuts

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"Read their lips: Raise their taxes.

A small Boston-based network of millionaires is asking other affluent forgo their Bush-era tax cuts and to oppose any extension of the tax reductions, set to expire at the end of this year.

'We are people who believe we should pay our fair share,' said Mike Lapham, project director of 'Responsible Wealth,' part of the 'United for a Fair Economy' activist group in Boston. [...]

'This is a key year,' said Lapham, whose liberal group has called for similar millionaire-level sacrifices in the past.

The Obama administration and the Democratic-controlled Congress have already made clear their intent to let the tax cuts expire.

Read the full article by Jay Fitzgerald on

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