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Obama to pitch middle class tax plan in State of the Union
President Obama will promote higher capital gains taxes on top earners and end a tax break on inheritances to fund middle class aid. The plan, tied to a broader package including free community college and expanded child care credits, aims to raise about 320 billion over a decade while facing GOP resistance.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
Republican Congress
Obama
State of the Union
House
Senate
Democratic Party
White House
Dan Pfeiffer
CBS
Adam Kinzinger
R-Ul
Congress
Kinzinger
ABC
Ronald Reagan
GOP
U.S
Dave Camp
Michigan
Camp
David Camp
R-Mich
Taxwriting House
Ways and Means Committee
Mitch McConnell