White House: No debt deal unless tax rates on top earners go up

White House press secretary Jay Carney said Thursday there will be no deficit deal unless Republicans agree to raise tax rates on the wealthiest households.

“There can be no deal without rates on top earners going up,” said Carney, who reiterated that the president will not sign legislation that extends the Bush-era tax rates for the wealthy.

http://thehill.com/blogs/on-the-money/domestic-taxes/270139-white-house-no-deal-unless-tax-rates-on-top-earners-go-up

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