CBO: Obama Latest Budget Seeks Trillion in New Taxes – Valley News Economic Times CBO: Obama Latest Budget Seeks $ 1 Trillion in New TaxesValley NewsWashington — President Obama's most recent budget request would reduce borrowing by $ 1.1 trillion over the next decade compared with current law — almost entirely through higher taxes on [...]
CBO: Obama budget would raise taxes by nearly trillion – Washington Post 13WMAZ CBO: Obama budget would raise taxes by nearly $ 1 trillionWashington PostPresident Obama's most recent budget request would reduce borrowing by $ 1.1 trillion over the next decade compared with current law — almost entirely through higher taxes on the rich, large [...]
Obama budget would cut U.S. deficit by .1 trillion over decade: CBO WASHINGTON (Reuters) – Near-term deficits under President Barack Obama's latest budget plan would be higher than the most recent estimates by the Congressional Budget Office, but $ 1.1 trillion lower over the coming decade, CBO said on Friday. The non-partisan congressional budget referee [...]
Senator: Obama should apologize for IRS targeting WASHINGTON (AP) — Republicans said Sunday that the Internal Revenue Service's heightened scrutiny of conservative political groups was "chilling" and further eroded public trust in government.
Obama budget ‘taxes’ charities: Opinion – The Star-Ledger – NJ.com (blog) The Star-Ledger – NJ.com (blog) Obama budget 'taxes' charities: OpinionThe Star-Ledger – NJ.com (blog)Yet there is no economic or social rationale; capping the charitable deduction — as part of an across-the-board deduction cap — is effectively a passed-through “tax” on charities and will result [...]
Obama: Flight delay fix a ‘Band-Aid’ WASHINGTON (AP) — President Barack Obama says the congressional fix for widespread flight delays is an irresponsible way to govern, but he's prepared to sign the legislation that lawmakers fast-tracked.
Taxes: Obama budget would hit middle class – Politico Politico Taxes: Obama budget would hit middle classPoliticoPresident Barack Obama rarely misses a chance to call on upper-income Americans to pay more taxes. But his annual budget is doing more to target middle-class taxpayers than any of his previous proposals, calling for caps on deductions, changes [...]
Obama Recycles Old Plan to Tax Oil and Gas – U.S. News & World Report (blog) U.S. News & World Report (blog) Obama Recycles Old Plan to Tax Oil and GasU.S. News & World Report (blog)Whatever else you can say about the Obama Administration's energy policies, you have to give it credit for consistency and [...]
Top 1% Would Pay Two-Thirds of Higher Taxes Under Obama – Bloomberg Christian Science Monitor (blog) Top 1% Would Pay Two-Thirds of Higher Taxes Under ObamaBloombergHouseholds making as little as $ 30,000 a year would pay some higher taxes. By 2023, households making between $ 30,000 and $ 40,000 would pay an average of $ [...]
Obama earned less in 2012, pays 2k in taxes – U.S. News & World Report Obama earned less in 2012, pays $ 112k in taxesU.S. News & World ReportObama, who renewed his call for higher taxes on the wealthy in the budget he released Wednesday, paid $ 112,214 in taxes last year, putting his effective [...]