Obama To Propose Tax Hikes On Wealthy To Help Out Middle Class
During tonight's State of the Union address, President Obama will reportedly propose that Congress raise taxes on the wealthiest taxpayers, in part by closing a trust fund loophole protecting inherited money from taxes, and use the funds to expand tax credits for the middle class. What do you think?
Samantha Hooper
But if they close the trust fund loophole, the wealthy will have no option other than to avail themselves of the numerous other loopholes that allow them to circumvent their tax obligation.
Probation Officer