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In 2001, Corzine coauthored (with Bob Graham) a tax-cut proposal aimed at lowering the marginal tax bracket from 15% to 10% on the first $19,000 of taxable income. [56] In 2002, he proposed a tax cut that exempted the first $10,000 of income from the $765 of Social Security taxes for both employers and employees. [ 57 ]
On December 15, 2012, several news outlets reported that President Barack Obama would nominate Kerry to succeed Hillary Clinton as Secretary of State, [159] [160] after Susan Rice, widely seen as Obama's preferred choice, withdrew her name from consideration citing a politicized confirmation process following criticism of her response to the ...
Lyndon B. Johnson signing the Medicare amendment (July 30, 1965). Former president Harry S. Truman (seated) and his wife, Bess, are on the far right.. Originally, the name "Medicare" in the United States referred to a program providing medical care for families of people serving in the military as part of the Dependents' Medical Care Act, which was passed in 1956. [6]
After he assumed office, Trump was the subject of increasing Justice Department and congressional scrutiny, with investigations covering his election campaign, transition, and inauguration, actions taken during his presidency, his private businesses, personal taxes, and charitable foundation. [318]
They have also criticized her stance on taxation, particularly her support for higher taxes on the wealthy and corporations to fund social programs. [376] Pelosi's role in leading the House to impeach President Donald Trump twice has drawn significant criticism from Trump supporters and Republicans, who perceived the impeachments as politically ...
In June 2014, ABC News and The Washington Post reported that Bill Clinton has made more than $100 million giving paid speeches since leaving public office, and in 2008, The New York Times reported that the Clintons' income tax returns [404] show they made $109 million in the eight years from January 1, 2000, to December 31, 2007, including ...
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.