WH Press Secretary: 'Mathematically Sound' to Tax the Rich

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White House Press Secretary Jay Carney says during a press conference, "Rates have to go up on top earners - on millionaires and billionaires - everyone making over $250,000."

Carney continues, "[President Obama] doesn't hold that position because it's inherently good, he doesn't hold it because he wants to punish wealthy Americans, he holds it because it is mathematically sound."

(h/t associatedpress)