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Taxation & Estate Planning

: TaxProf Blog

Obama's Budget Would Redistribute $112 Billion From Top 1% of Taxpayers

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Tax Foundation, Obama Budget Would Increase Income Redistribution from Top 1% of Taxpayers by $112 Billion: True to his campaign promise to "spread the wealth around," President Obama's recently released budget targets high-income earners for income redistribution to low- and middle-income families, according to a new Tax Foundation report. The...

Full post as published by TaxProf Blog on February 11, 2010 (boomark / email).

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