Tax Increase, Tax Hikes | featured news

GOP may OK tax increase that Obama hopes to block

News flash: Congressional Republicans want to raise your taxes. Impossible, right? GOP lawmakers are so virulently anti-tax, surely they will fight to prevent a payroll tax increase on virtually every wage-earner starting Jan. 1, right?

 

Obama pivots, eyes Medicare changes, tax increases

Obama pivots, eyes Medicare changes, tax increases

President Barack Obama, two years into a presidency that increased spending to prime a weak economy, is turning his attention to the nation's crushing debt and trying to counter a Republican anti-deficit plan with a framework of his own that tackles politically sensitive health care programs while also increasing taxes....

 

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