Posts Tagged ‘wealthy’

Obama’s middle class tax cuts?

September 17th, 2010 | No Comments

“And without getting into procedure and timing and process, what we’re going to do is to say at the end of the day, the extension of the Obama middle-income tax cuts will take place, and that’s what I have to say on the subject.”  -  Nancy Pelosi OK, so the lady who has vehemently opposed [...]

Charitable giving takes a hit

February 27th, 2009 | No Comments

The Obama administration plans to do away with the Bush tax cuts.  And, their very popular “tax the wealth” mantra of his campaign is being implemented in DC as we speak.  What I’m sure most people didn’t expect was Obama to target charitable giving. The tax increases would raise an estimated $318 billion over 10 [...]