Tuesday, February 2, 2010

President Obama's Budget Contains $1.9 Trillion in Tax Increases

From the Tax Professor Blog:

Follow the link for a roundup of press and blog coverage of the tax increases:

* Associated Press, Obama Budget Would Impose Host of Tax Increases
* ataxingmatter, Obama's FY 2011 Budget
* Bloomberg, Obama Budget Drops Plan for $87 Billion Tax Rise on Companies
* Bloomberg, Obama Seeks $1.9 Trillion Tax Rise on Rich, Business
* Dow Jones, Obama Budget Includes $400 Billion In Business Tax Hikes
* Reuters, Obama Tones Down International Corporate Tax Aims
* TaxVox, Obama’s Mind-numbing Budget
* Wall Street Journal, Budget Would Raise Tax Rates on Wealthy, Limit Deductions
* Wall Street Journal, Plan Would Raise Taxes on Businesses More>>>