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Alexkid

NY, California hitting up millionaires, again
MICHAEL GORMLEY
(The Associated Press)



05:10:27PM (ET) Saturday,December 10,2011.

ALBANY, N.Y. (AP) — Hollywood moguls and Manhattan stock brokers are facing a slap by the Occupy Wall Street movement as California and New York again target high-wage earners to address a continued fiscal crisis in the states.

On Wednesday, with the urging of Gov. Andrew Cuomo, New York raised its top tax rate on single filers making $1 million and joint filers making $2 million, a rate just slightly under the 2008 income tax surcharge that expires Dec. 31.

Earlier this month in California, Gov. Jerry Brown said he, too, wants to avoid further cuts to education and social services by proposing a ballot initiative asking voters to increase taxes. That could hit Californians making over $250,000.

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OWS is getting busy...
Wonder what's James Hartje thinks about OWS and the effects ?

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Yeah...Do That.