Obama: Wealthy should pay more taxes
The US president has put forward his plans to reduce the country's deficit.
Barack Obama said that if the US did not act to raise $1.5tn (£960bn), the burden of debt would fall on future generations.
He said that the wealthy and corporations should pay their "fair share in taxes", arguing that "Warren Buffett's secretary shouldn't pay a higher tax than Warren Buffett".
19 Sep 2011
- From the section US & Canada