Taxing The Wealthy, Bush Tax Cuts | featured news

John Boehner has placed tax increases for the wealthy on the table

John Boehner and Barack Obama

Politico is reporting that one of its sources claims John Boehner has placed tax increases for the wealthy on the table. He has been adamant that Republicans would never agree to a tax increase for anyone. President Obama has said that there would be no agreement to end the chance of falling over the “fiscal cliff”, without increasing taxes on the wealthiest 2 percent.

 

Obama pressing business and labor on fiscal cliff

Barack Obama

President Barack Obama is lobbying business and labor groups to support his plan to avoid an impending fiscal cliff, telling the two sides he remains committed to requiring the wealthy to pay more in taxes.

 

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