Nov. 20 (Bloomberg) -- "Carl Levin, chairman of the Senate Armed Services Committee, said
- higher-income Americans should be taxed to pay for additional troops sent to Afghanistan and
- that NATO should provide half of the new soldiers.
An “additional income tax to the upper brackets, folks earning more than $200,000 or $250,000,” could fund more troops, Levin, a Michigan Democrat, said in an interview for Bloomberg Television’s “Political Capital With Al Hunt,” airing this weekend. White House Budget Director Peter Orszag has estimated that
- each additional soldier in Afghanistan could cost $1 million, for a total that could reach $40 billion if 40,000 more troops are added.
That cost, Levin said, should be paid by wealthier taxpayers. “They have done incredibly well, and I think that it’s important that we pay for it if we possibly can”
- instead of increasing the federal debt load, the senator said."...
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