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Politics

Will Smith supports Obama's call for higher taxes

May 8, 2012

One of Hollywood's biggest and best-paid stars is supporting President Barack Obama's call for higher taxes on the country's top earners. full story

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Obama earned less in 2012, pays $112k in taxes

WASHINGTON — President Barack Obama made less in 2012 than in any other year since taking office, with about 40 percent of the nearly $609,000 in income that he and first lady Michelle Obama reported coming from book sales.Obama, who renewed his call for higher taxes on the wealthy in the budget he released Wednesday, paid $112,214 in taxes last year, putting his effective...

bostonherald.com (1 month and 4 days ago)

Obama pays $112k in 2012 taxes on $609k of income

bostonherald.com (1 month and 4 days ago)

Obama’s budget proposes higher taxes on wealthy, changes to entitlement programs

President Barack Obama called for higher taxes on the wealthiest Americans in his proposed new federal budget released Wednesday, but he also offered for the first time changes aimed at stemming the burgeoning costs of Medicare and Social Security.

palmbeachpost.com (1 month and 6 days ago)

Obama earned less in 2012, pays $112K in taxes

Obama earned less in 2012, pays $112K in taxes by Josh Lederman The Associated Press Published Apr 12, 2013 06:54PM MDT Washington • President Barack Obama made less in 2012 than in any other year since taking office, with about 40 percent of the nearly $609,000 in income that he and first lady Michelle Obama reported coming from book sales. Obama, who renewed his call for...

sltrib.com (1 month and 4 days ago)

Obama says new taxes aren’t negotiable

Brian HughesPresident Obama on Wednesday unveiled his $3.77 trillion budget for next fiscal year, calling for higher taxes in exchange for cost reductions in Social Security and Medicare, setting the stage for another fight with Congress over the nation’s fiscal priorities. Within the president’s budget — which would produce a $744 billion deficit in 2014 — are roughly $800...

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Delays and Denials Threaten Obama Health Law

With Midterm Elections just ahead and President Obama still unable to rally much public support for "Obamacare," the administration is not keen to push costs even higher, especially as middle-class families are feeling the squeeze of higher taxes and higher fuel costs.

foxnews.com (1 month and 14 days ago)

Public health advocates push for higher tobacco taxes in Maine

AUGUSTA, Maine — An 18-year-old high school junior joined doctors, educators and anti-smoking advocates Monday in renewing the call to raise state taxes on cigarettes and other tobacco products. Levi Smith, a student from Mount Vernon who attends Maranacook Community School, teamed up with representatives of the American Lung Association, ...

bangordailynews.com (11 days ago)

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WASHINGTON — President Barack Obama’s budget would raise taxes mainly on people earning more than $200,000 a year, although earners at nearly every income level would face a somewhat higher tax burden, according to a new nonpartisan analysis. The study by the Tax Policy Center finds that in 2015, 86 ...

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Official: Obama proposes cuts to Social Security

WASHINGTON — President Barack Obama's proposed budget will call for reductions in the growth of Social Security and other benefit programs while still insisting on more taxes from the wealthy in a renewed attempt to strike a broad deficit-cutting deal with Republicans, a senior administration official says.The proposal aims for a compromise on the Fiscal 2014 budget by...

bostonherald.com (1 month and 11 days ago)

Will Smith supports Obama's call for higher taxes

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