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'Tilt in tax code,' says Van Hollen

7:42 AM ET Fri, 6 Feb 2015

Rep. Chris Van Hollen, (D-Md.), provides his take on President Obama's budget proposal and a provision that calls for higher taxes on the wealthy and corporate America. CNBC Contributor Larry Kudlow points out why the current personal income and capital gains tax is not the same as in the Reagan years.