Law Faculty News Articles, Editorials, and Blogs

Title

Obama Tax-raising Against JFK precedent: Hiking Rates Will Lose Money

Document Type

Article

Publication Date

12-13-2012

Abstract

President Obama claims he wants to raise taxes on "the rich," while Republicans object to the rich paying their fair share. That fits on a bumper sticker, but it is not a fair summary of the dispute. The president wants to raise the marginal tax rates on people earning more than $250,000 per year, while Republicans propose putting a cap on deductions of "the rich."

Copyright

Washington Times