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Obama s Tax Hikes on High-Income Earners Will Hurt the Poor—and Everyone Else

Obama s Tax Hikes on High-Income Earners Will Hurt the Poor—and Everyone Else
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United statesKarena campbellBarack obamaCongressional budget officeNational incomeHeritage foundationGlobal insightGuinevere nell is research programmerHeritage founData analysisObama tax hikes hurt middleData analysis individual income tax modelGlobal insight macCurrent policyCongressional planObama plan

The End of Pro-Growth Tax Policy: How the Rangel Tax Bill Could Affect the U S Economy

The End of Pro-Growth Tax Policy: How the Rangel Tax Bill Could Affect the U S Economy
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United statesGeorgew bushGuinevere nell is research programmerMeans committeeFederal reserveCongressional budget officeHeritage foundationMany in congressHeritage foundation centerAlternative minimum taxTemporary tax relief actTax reductionReform actHouse waysData analysisCall tax

Stimulus Plan Should Include Pro-Growth Tax Relief for Families in Every State

The stimulus plan scheduled for debate in the Senate should includean extension of the 2001 and 2003 tax reductions and a reduction oftax rates for individuals, small businesses, and corporationsthrough 2013.

United statesNew yorkShaneaj watkinsHeritage foundationGuinevere nell is research programmerPolicy analystEmpirical studiesGuinevere nellResearch programmerData analysis

How the Obama and McCain Tax Plans Will Affect America s Small Businesses

While Senator Obama claims to raise taxes only on the "rich," the group he is targeting is mostly entrepreneurs. More than a third of small businesses that file taxes as partnerships or S-Corps have incomes in the range that Obama would target with a tax increase. Those in the top 1 percent face a tax rate 11 percentage points higher under Obama's tax plan.

United statesJoe wurzelbacherBarack obamaJohn mccainMembers of congressTax foundationHeritage foundationTax policy centerGuinevere nell is research programmerSenator obamaSenator mccainAdjusted gross incomeTax plans would affect smallMore progressiveResearch programmerData analysis

Obama Tax Hikes: The Economic and Fiscal Effects

Abstract: Since 1996, Congress after Congress has voted to lighten the tax burden on Americans. The current Congress will decide this fall whether to continue this policy or to significantly raise personal income taxes. President Obama has advanced a plan that reverses the long-standing successful policy: The President and his supporters are calling for tax increases, primarily on upper-income taxpayers and businesses including small businesses, the primary job creators in the country.

United statesJohnl ligonBarack obamaGeorgew bushDonaldj peaseS hederman jrKarena campbellWilliamw beachisNational incomeCongress should doHeritage foundation backgrounder noHeritage foundationGuinevere nell is research programmerGlobal insightObama administrationCommittee on taxation