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About Taxes
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Obama Plan Would Boost Taxes On Wealthy (NPR) President Obama has unveiled a $3.55 trillion spending plan for next year that would boost taxes on the wealthy and curtail Medicare to make way for a $634 billion down payment on universal health care. Top Wash. lawmaker says taxes are on the table (Seattle Times) Higher taxes should be part of the Legislature's solution to the state's $8 billion budget deficit, but officials must ensure the burden doesn't fall too heavily on the poor, a top state lawmaker said Thursday. President Obama?s Budget: Some Honesty About Taxes Finally (New York Times) No one who really believes in fiscal responsibility could object to the proposed tax increases. Pelosi: I would have raised taxes faster (Politico via Yahoo! News) House Speaker Nancy Pelosi on Thursday attacked House Republicans who have criticized President Obama's proposal to raise taxes on the wealthy to fund his health care plan. Many businesses, the wealthy would feel heavier burden of taxes under Obama plan (KFSM Ft. Smith-Fayetteville) WASHINGTON (AP) — President Barack Obama 's budget proposal would shift much of the tax burden from middle- and low-income families to the wealthy, while increasing taxes on many businesses. Obama seeks higher taxes on rich to pay for plan (AP via Yahoo! News) President Barack Obama is asking Congress to raise taxes on the wealthy and cut Medicare costs to provide health care for the uninsured while making the just-enacted $400 tax cut for most workers permanent. Obama's budget proposes higher taxes for wealthy, unprecedented deficits (Fort Worth Star-Telegram) WASHINGTON — President Barack Obama charted a dramatic new course for the nation Thursday with a bold but contentious budget proposing higher taxes for the wealthy and the first steps toward guaranteed healthcare for all — accompanied by an astonishing $1.75 trillion federal deficit that would be nearly four times the highest in history. Denouncing what he called the "dishonest accounting" of ... 19 Georgia lawmakers behind on taxes, state report says (Atlanta Journal-Constitution) Nineteen members of the state Legislature have failed to pay state and federal income taxes, some of them dating back to 2002, according to a Georgia Department of Revenue report given recently to legislative leaders. [ Submit your comments below. ] The report on the alleged tax dodgers, with names and Social Security numbers redacted, has been forwarded to Republican and Democratic leaders of ... Industry official: Higher taxes could offset stimulus (The Advocate) As the Louisiana chemical industry welcomes a federal stimulus package that could bring nearly $200 billion in infrastructure projects that would lean heavily on chemical manufacturing, there’s uncertainty about how soon the package will help. Francis Chester delinquent on Augusta taxes (The News Virginian) VERONA — The Churchville lawyer leading the petition drive against Augusta County’s reassessessment owes more than $2,800 in real estate and personal property taxes.
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