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Boehner said to propose $1 million as tax yardstick

Posted: December 16, 2012 at 4:24 a.m.

Signaling new movement in “fiscal cliff” talks, House Speaker John Boehner has proposed raising the top rate for earners making more than $1 million, a person familiar with the negotiations said. President Barack Obama, who wants higher top rates for households earning more than $250,000, has not accepted the offer, this person said.

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Front Section, Pages 4 on 12/16/2012

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