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Obama pushes $1.5 trillion tax hike to curb deficits
In a White House address, President Obama urged Congress to enact a 10 year plan raising taxes by 1.5 trillion dollars as part of deficit reduction. He proposed overhauling the tax code and enforcing a higher top tax rate on high income households and capital gains. The plan hinges on eliminating deductions and credits to broaden the base for richer earners.
MENTIONED IN THIS ARTICLE
White House
Obama
Congress
Buffelt
Diane Prestor
Omar
Pope
Roberto Walliams