Obama Budget Taxes Rich, Replaces Sequester

President Barack Obama on Wednesday unveiled a budget that would cut entitlement programs, tax the wealthy and reduce the U.S. budget deficit by nearly $2 trillion while funneling new money to education and infrastructure in an effort to bolster the middle class.

Topics:  president barack obama   u.s    budget   
BING NEWS:
  • New York’s Rich Get Creative to Flee State Taxes. Auditors Are On to Them
    High earners need to log their days and prove the location of everything from pets to Pelotons to show they’ve truly changed residency.
    04/18/2024 - 11:30 pm | View Link
  • Instant view: Canada unveils fresh taxes on wealthy in federal budget
    Canada on Tuesday revealed a new tax on wealthy individuals that will bring in billions of dollars over the next five years to help fund housing programs designed to win over a disgruntled voter base.
    04/16/2024 - 10:36 am | View Link
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