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Obama’s address to pitch tax proposals to help middle class
Associated Press ^ | Jan 18, 2015 11:16 AM EST | Julie Pace

Posted on 01/18/2015 9:28:00 AM PST by Olog-hai

President Barack Obama is turning to his biggest television audience of the year to pitch tax increases on the wealthiest Americans and put the new Republican Congress in the position of defending top income earners over the middle class.

As Obama continues to signal what he will propose during Tuesday's State of the Union address, senior administration officials said during the weekend that he will call for raising the capital gains rate on top income earners and eliminating a tax break on inheritances. The revenue generated by those changes would fund new tax credits and other cost-saving measures for middle-class taxpayers, officials said. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Constitution/Conservatism; Government
KEYWORDS: capitalgainstax; demagogicparty; inheritancetax; liberalagenda; memebuilding; middleclass; obama; partisanmediashill; partisanmediashills; taxcredits
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To: Olog-hai

Obama has to raise taxes to help the middle class because he gave their programs to the illegal aliens.


21 posted on 01/18/2015 11:19:40 AM PST by kik5150
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To: Olog-hai

Exactly! Punishing the productive citizens, the job creators, does not help the middle class.

FUBO


22 posted on 01/18/2015 11:28:00 AM PST by july4thfreedomfoundation (Everytime the cash register rings in a gun store, a Founding Father gets his wings.)
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