In President Barack Obama's 2014 budget released today, he calls on congressional Republicans to eliminate "special tax breaks and loopholes so millionaires and billionaires do their fair share to cut the deficit." And as a first step, he proposes that Congress immediately enact two "tax reform" measures that would raise $583 billion in revenue: limiting the value of itemized deductions, tax-exempt interest, and employer-sponsored health insurance to 28%, and enacting the Buffet rule, requiring ...
In President Barack Obama's 2014 budget released today, he calls on congressional Republicans to eliminate "special tax breaks and loopholes so millionaires and billionaires do their fair share to cut the deficit." And as a first step, he proposes that Congress immediately enact two "tax reform" measures that would raise $583 billion in revenue: limiting the value of itemized deductions, tax-exempt interest, and employer-sponsored health insurance to 28%, and enacting the Buffet rule, requiring ...
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