President, Taxing The Wealthy | featured news

France wants to slap rich with 75% 'super-tax'

President Francois Hollande's Socialist government unveiled sharp tax hikes on business and the rich on Friday in a 2013 budget aimed at showing France has the fiscal rigour to remain at the core of the euro zone.

 

Obama to propose $3 trillion in deficit cuts

Obama to propose $3 trillion in deficit cuts

President Barack Obama will release a plan on Monday calling for more than $3 trillion in deficit cuts over 10 years, with about half of the savings coming from higher taxes on the wealthy and big corporations.

 

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