For years, President Obama has been clear about his preferred tax policy: Tax the rich more and protect households that make less than $250,000 from higher taxes.
It’s not clear what he’ll say about taxes on Wednesday when he lays out his ideas for how to tackle the country’s long-term debt. If history holds, he’ll stick [...]
Posts Tagged ‘lawmakers’
TAX THE RICH! OK, BUT THEN WHAT?
April 12th, 2011 by Financial Writer
Tags: 2012, AIG, au, ben, bipartisan, Debt, deficit, economic, economically, economy, fed, household, households, increase, Invest, investment, lawmakers, money, mortgage, obama, president, rate, spending, taxpayers, ubs, us
more...Bipartisan budget group says deficit curbs needed
December 14th, 2009 by Financial Writer
A bipartisan group of former lawmakers and budget officials called on Congress and President Barack Obama Monday to commit to reining in trillion-dollar plus budget deficits to avoid dragging down the economy.
Policymakers must take steps next year to enact policies to stabilize the debt at 60 percent of the size of the economy to avoid [...]
Tags: barack obama, bipartisan, lawmakers, policymakers, us economy