: :inin Kyiv (EET)

Obama to pitch tax increases for wealthy, support for middle class


WASHINGTON – 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.
READ MORE: Obama aiming to take control of 2015 agenda
As Obama continues to signal what he will propose during Tuesday’s State of the Union address, senior administration officials said Saturday 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 …read more

Source: Global TV

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