![]() From commons.wikimedia.org/wiki/File:President_Barack_Obama,_2012_portrait_crop.jpg: President Barack Obama: President B (Image by Unknown Owner) Details DMCA | President Obama plans to propose raising $320 billion over the next 10 years in new taxes targeting wealthy individuals and big financial institutions to pay for new programs designed to help lower- and middle-income families, senior administration officials said Saturday. In his State of the Union address Tuesday night, Obama will propose raising the capital gains and dividend tax rates to 28"-percent for high earners; imposing a fee on the liabilities of about 100 big financial institutions; and greatly broadening the amount of inherited money subject to taxes. |