Tax Hikes

  • Fiscal cliff bill will help reduce deficit, says US President Barack Obama 02-01-2013 11:28 AM

    He also thanked the Republicans and the Democrats for passing the bill, which means higher tax for the wealthy. ...
  • Obama presses jobs plan passage to bridge income gap 30-10-2011 02:57 AM

    Washington: US President Barack Obama on Saturday urged Congress to pass the administration's stalled jobs plan to speed up US economic growth and reduce the widening income gap. Obama cited a latest Congressional Budget Office (CBO) report to show that the US middle class has lost ground while the wealthiest...
  • Obama will hike taxes to pay for his jobs bill 13-09-2011 03:02 AM

    Washington: In a sharp challenge to the GOP, President Barack Obama proposed paying for his costly new jobs plan on Monday with tax hikes that Republicans have already rejected, and he accused them of political motives if they still refuse to go along. "The only thing that's stopping it is...