Opinion

opinion | josh barro

President Obama can’t just soak the rich

Recently, President Obama gave a controversial speech, saying that wealthy people ought to be willing to pay more tax because the government helped them accumulate wealth. He noted that nobody gets rich without good teachers and good infrastructure, so rich people shouldn’t grumble about his plan to raise taxes.

His comment to business owners that “you didn’t build that” drew particular ire — though the president’s defenders insist he was talking about infrastructure that supports businesses, not businesses themselves.

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