WASHINGTON (Reuters) – U.S. Republican presidential candidate Donald Trump said on Sunday he is open to raising taxes on wealthy Americans, backing off his prior proposal to reduce taxes on all Americans.
Obama aims for the middle on taxes and spending
President Obama, with a belated embrace of his commission’s recommendation to cut trillion in deficits over the next 12 years, on Thursday laid out an aggressively centrist re-election platform that confronts…
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The tax system is broken, President Obama said during his State of the Union address. Some companies pay no taxes at all, he said, while others pay among the highest tax rates in the world. Obama is only the latest government CEO to call for a fairer system.
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