I've declined every congressional benefit I could decline federal health insurance the retirement program the 403(b) program which I think is overly generous. I've got self-imposed term limits of six terms if I have the privilege to serve that long.
The highest-income Americans don't need tax-free health insurance mortgage interest deductions or deferred taxation on retirement funds.
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Increased revenues meaning higher taxes will be a central element of any successful long-term budget plan and President Obama is right to insist that the wealthy – the slice of America that has come through the recession in by far the best financial health – should provide those funds.