Geithner: rich need to pay more taxes for “privilege of being an American.” Translation:we gotta raise taxes ’cause Obama’s gonna lose the election if we try to cut spending. Timmy oughta know better than anyone that raising taxes doesn’t mean you’re gonna get more revenue ’cause wealthy people find ways to avoid taxes, such as hitting the wrong key on Turbo Tax or docking their yachts in low tax states.
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