Sunday, April 15, 2012

Obama tax plan

  • WASHINGTON -- Democrats and Republicans are forcing votes in Congress this coming week on competing tax plans that affect millionaires and smaller businesses, and they know the proposals are doomed from the start.
  • (Huffington Post)
  • Obama is using his weekly radio and Internet address to urge Americans to ask their member of Congress to support the Buffett Rule, which is named after billionaire investor Warren Buffett, who says he pays a lower tax rate than his secretary.
  • (msnbc.com)
  • David Axelrod on Sunday defended President Barack Obama's recent rhetoric on the House Republican budget plan as he warned that the GOP proposal would steer the country in the "wrong direction.
  • (Politico.com)
  • BOCA RATON, Fla. _ President Barack Obama came to South Florida on Tuesday to raise money from millionaires and ask them to pay more in taxes.
  • (GoVolsXtra)
  • President Barack Obama trod new ground in invoking Republican Party icon Ronald Reagan to pitch his proposal to raise taxes on the wealthy. Mr.
  • (Wall Street Journal)
  • The Democrats' plan is to make a loud point tax rate of 13.9 percent of their income after deductions. Most of Obama's income is from wages and book sales, so his tax rate in 2010 was about 26 percent.
  • (Idaho Statesman)
  • WASHINGTON -- Obama and Democrats have tried hard to paint Romney as Republicans feel they own the tax issue politically, ever since Ronald Reagan won the presidency in 1980 with a pledge to dramatically reduce taxes.
  • (Fresno Bee)
  • It was already a year in the making before President Obama came into office make sure we put in place a balanced plan to bring down our long-term deficits.
  • (CBS News)
  • The plan is named for Warren Buffett which also shows charitable donations of more than $172,000. Obama is donating after-tax proceeds from his childrens book to the Fisher House Foundation.
  • (msnbc.com)

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