Presidential candidate Barack Obama's plan for universal health care for all Americans requires $50 billion to $65 billion in new revenue, according to estimates released this morning by his campaign.
The campaign suggested tax increases for the wealthiest Americans may be the way Obama would pay for his plan. The campaign released estimates from the Urban/Brookings Tax Policy Center saying the money could be raised by restoring the top two personal income tax brackets and rates on dividends and capital gains to Clinton-era levels.
A vote for Obama is a vote for higher taxes.
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