In a high-profile Tax Day press conference, President Obama announced an even more aggressive war on tax cheats. Now, the IRS is planning the assault.
By Michael Rozbruch
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It was only a couple of months ago that President Barack Obama, still freshly inaugurated, stood in the White House and announced his plan to go after — and go after aggressively — tax cheats, no matter where they hide their money.
His plan focused
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I’ve blogged about the numerous Obama administration nominees to have tax troubles - and now the White House has release Obama’s tax returns. Here’s a great blog post about what we can learn from Obama’s tax returns.
According to the Washington Post, Barack Obama earned about $2.6 million from the sale of his books, “The Audacity of Hope” and “Dreams From My Father” - which represent the vast majority of the
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With the current global downturn, it is clear that the new President-elect needs to have a plan to help struggling Americans and lift our nation’s distressed businesses out of a lagging economy.
President-elect Obama wants to raise taxes on income, capital gains and dividends for families earning more than $250,000 annually. (By the way, I’ve heard $200,000 and $140,000 as well throughout the campaign and by Vice President-elect Biden).
Under Obama’s tax
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I recently appeared on KKLA 99.5FM, Los Angeles with Frank Pastore to talk about the differences between John McCain and Barack Obama’s proposed tax cuts and economic plans.
Frank Pastore: In today’s wall street journal, a piece titled Obama tax 3.0 goes through the 3 different versions of Obama’s proposals. In the very beginning he wanted to raise the top marginal rate. Now he is saying if the country looks like it is headed towards
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Here is another excerpt from my recent appearance on KKLA’s the Frank Pastore Show, focusing on how the candidate’s economic proposals will affect you:
Frank Pastore:   We keep hearing the fact that Obama is going to raise the taxes on people who make $250K or more a year, He is pounding that.
Michael Rozbruch:   If he does that he is going to handcuff the economy, he is going to trap more
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