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13 kwi 2011 · President Barack Obama has called for raised taxes on the rich as well as cuts in government spending in what he termed a balanced approach to cutting the huge US budget deficit. In a speech in...
President Obama has passed wide-ranging tax relief for working families and small businesses — the drivers of economic growth — while also ending tax cuts for the top 2 percent highest-income Americans.
One reason: About one-quarter of the stimulus tax cut was devoted to extending the Alternative Minimum Tax patch. This protected about 25 million middle-class households from that hidden tax, but you can’t expect people to respond to a law that exempts them from a tax they never knew they owed.
14 kwi 2016 · In the months he has left, the President will continue to work to make the tax system fairer, help working and middle-class Americans get ahead, and make the economy stronger. For more, see six key facts about how the President has made the tax system fairer here.
17 gru 2010 · US President Barack Obama has signed into law a compromise tax bill agreed with the Republicans, averting income tax rises for millions of Americans. Mr Obama said the $858bn (651bn euros;...
Obama increased taxes on high-income taxpayers via: a) expiration of the Bush income tax cuts for the top 1–2% of income earners starting with 2013; and b) payroll tax increases on roughly the top 5% of earners as part of the ACA.
7 wrz 2012 · Obama has signed off on two major tax cuts for middle-class families: the Making Work Pay tax credit that was part of the economic stimulus of 2009 and a temporary reduction in Social...
