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Obama's $1 Trillion Tax-Increase Proposal Slams Into Republican OppositionQuicklink Submitted By Sheila Samples No comments
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Copyrighted Image? DMCA | As part of a $4 trillion deficit-reduction plan announced yesterday, Obama said he wanted Congress to overhaul the tax code by lowering rates, eliminating tax breaks and generating more money than the current system does. The plan would allow tax cuts affecting high-income taxpayers to expire at the end of 2012 and would raise $1 trillion on top of that. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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