Obama budget would raise taxes on the wealthy, but not with higher rates

... sure millionaires pay a minimum rate of 30 percent and by limiting some deductions. For example, deductions for mortgage interest and charitable contributions would be capped at 28 percent, which would make the benefit less valuable for the ...

http://www.bizjournals.com/wichita/morning_call/2013/04/obama-budget-would-raise-taxes-on-the.html