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Chait writes: "President Obama today is demanding that Congress extend the Bush tax cuts on income under $250,000 for another year. This is being reported as a gambit to 'change the subject to the issue of tax fairness.'"

US President Barack Obama speaks during the sixth annual Wounded Warrior Project's Soldier Ride, 04/20/12. (photo: Getty Images)
US President Barack Obama speaks during the sixth annual Wounded Warrior Project's Soldier Ride, 04/20/12. (photo: Getty Images)

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