Tag Archives: taxes

Warren Buffett hits back at Trump’s claim of ‘massive tax deduction’

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Obama: Top Tax Rate Should Be 28% for Corporations, 40% for Small Business

The New York Times reports that President Obama is reviving an old proposal to lower the corporate tax rate from 35 percent to 28 percent (and 25 percent for manufacturers). Obama’s push to lower the corporate tax rate to 28 … Continue reading

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HUGE TAX INCREASE LOOMS AT YEAR-END ‘FISCAL CLIFF’

HUGE TAX INCREASE LOOMS AT YEAR-END ‘FISCAL CLIFF’ WASHINGTON (AP) — A typical middle-income family making $40,000 to $64,000 a year could see its taxes go up by $2,000 next year if lawmakers fail to renew a lengthy roster of … Continue reading

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