Job Creation, Tax Breaks | featured news

Obama Urges Congress to Extend, Expand Small-Business Tax Breaks

President Barack Obama sent Congress today a package of small business measures he said would expand tax relief and unlock capital to boost the economy and create jobs.

 

The Rich Get Tax Breaks for Destroying Jobs? How the Capital Gains Tax Helps the Wealthy and Hurts the Rest of Us

The Rich Get Tax Breaks for Destroying Jobs? How the Capital Gains Tax Helps the Wealthy and Hurts the Rest of Us

Why are "capital gains" taxes so much lower than taxes on other income? The reason capital gains taxes are lower is because most of the income of the rich is from capital gains. And the reason most of the income of the rich is from capital gains is because capital gains taxes are lower.

 

Obama: End tax breaks to stop overseas hiring

Obama: End tax breaks to stop overseas hiring

End tax breaks that reward some U.S. companies with overseas subsidiaries and encourage those businesses to create jobs in other countries, President Barack Obama is telling Congress.

 

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