Tag Archive: Obama to Call For New Tax Increases

Obama to Call For New Tax Increases

Obama to Call For New Tax Increases Will use State of the Union address to target top earners, investment, inheritance President Obama plans to call for billions in tax increases on top earners – including a hike in investment tax rates — in order to fund new tax credits and other measures the White House claims will help the middle class. The president’s proposals, which also include eliminating a tax break on inheritances, are likely to be cheered by the Democratic Party’s liberal base when they are announced Tuesday night in his State of the Union address. However, the tax… View Article