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4 paź 2017 · Taxes were reduced by $3.120 trillion, program spending increased $758 billion, and $1.110 trillion in interest costs resulted. The main components are summarized in Figure 4, and some details are explained below. 1. Extending tax cuts inherited from previous administrations ($4,135 billion).
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.
20 sty 2022 · When people refer to President Obama's tax cuts, they generally refer to the $858 billion tax cut deal signed in 2010. It extended the Bush tax cuts through 2012 and unemployment benefits through 2011. It cut payroll taxes by two percentage points, adding $112 billion to workers' spendable income.
16 sie 2016 · Although Obama took some limited steps toward arresting the relentless widening of economic inequality — raising top-bracket tax rates, extending the earned-income tax credit and expanding...
10 maj 2011 · Q: Does President Barack Obama support taxing motorists based on the number of miles they drive? A: No. But it is one idea being studied as a way to replace the federal gasoline tax.
Let’s say a mileage tax like this results in gasoline taxes being eliminated. A mileage tax program could mean that drivers of “gas guzzlers” would then get away with paying less at the pump, and could end up paying the same per mile as their hybrid and electric car counterparts.
29 wrz 2017 · Car Mileage. Obama set a goal of doubling the fuel efficiency of cars and light trucks, but that promise isn’t working out.