Some millionaires want to end tax cuts that benefit them

WASHINGTON The wealthy businessman who founded the medical transcription company eScription is part of a group of millionaires who think Bush era tax cuts should stop benefiting the wealthy.

Egerman says putting an end to the tax breaks is one way to help trim the deficit. He says if the country is really broke then it can't afford to give tax cuts to millionaires.

Republicans have said that any move to raise taxes as part of the effort to trim the deficit is a nonstarter.

Copyright © 2024 KTRK-TV. All Rights Reserved.