(FreeBeacon) President Obama’s latest proposal to raise taxes on high-income earners would effectively cut taxes for a number of senior White House advisers whose net worth exceeds $1 million.

At least five millionaires currently employed in senior White House positions would receive a tax cut under Obama’s plan, an initial Washington Free Beacon review of financial disclosure records has found.

White House Communications Director Dan Pfeiffer, Press Secretary Jay Carney, Cabinet Secretary Chrisopher Lu, and senior advisers David Plouffe and Valerie Jarrett would all benefit under Obama’s plan to extend current tax rates on annual incomes below $250,000. Each of them earns the maximum White House salary of $172,200 per year, records show.

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