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Morning Examiner: Timmy Geithner’s letter to Santa

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Yesterday Treasury Secretary Timothy Geithner presented Republican leaders on Capitol Hill with President Obama’s plan to avoid the fiscal cliff. The Geithner proposal asked for: 1. An immediate $1 trillion tax hike through higher top marginal income tax rates as well as higher taxes on both capital gains and dividends. 2. An agreement to raise $600 billion more in taxes later this year by...

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