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President Obama delivering the State of the Union address to the U.S. Congress. The 2010 State of the Union Address was given by the 44th president of the United States, Barack Obama, on January 27, 2010, at 9:00 p.m. EST, in the chamber of the United States House of Representatives to the 111th United States Congress.
A proposal to "merge, consolidate and reorganize the federal government." Obama said he will submit that proposal to Congress "in the coming months." A ban on congressional earmarks. A proposal to lower the corporate tax rate. Obama pitched this as part of a broader effort to simplify the tax code—he pledged the changes would not add to the ...
In his speech to Congress earlier this month, President Obama jabbed at our tax code. "Right now, Warren Buffett pays a lower tax rate than his secretary -- an outrage he has asked us to fix," he ...
The top marginal tax rate on income of 39.6%, provided for under the expiration of the 2001 portion of the Bush tax cuts, was retained. This was an increase from the 2003–2012 rate of 35%. [3] The top marginal tax rate on long-term capital gains of 20%, provided for under the expiration of the 2003 portion of the Bush tax cuts, was retained.
President Barack Obama, who has disagreed with Republican Congress members on whether to extend George W. Bush-era tax cuts for wealthier Americans beyond this year, said Tuesday that he will work ...
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President Barack Obama will call for new rules allowing business to deduct from their taxes through 2011 the full value of the purchase of equipment. The planned deductions are intended to ...
[1] [2] It was Obama's fifth State of the Union Address and his sixth speech to a joint session of the United States Congress. Presiding over this joint session was the House speaker , John Boehner , accompanied by Joe Biden , the vice president , in his capacity as the president of the Senate .