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Obama presents his first weekly address as President of the United States on January 24, 2009, discussing the American Recovery and Reinvestment Act of 2009 Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. 2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.
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.
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 ...
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 ...
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 ...
By RYAN GORMAN President Barack Obama's State of the Union speech touched on many subjects including taxes, racial tensions and income inequality -- here are some of the most notable quotes.
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Pub. L. 111–312 (text), H.R. 4853, 124 Stat. 3296, enacted December 17, 2010), also known as the 2010 Tax Relief Act, was passed by the United States Congress on December 16, 2010, and signed into law by President Barack Obama on December 17, 2010.
On July 19, 2013, President Obama gave a speech in place of the usual White House daily briefing normally given by White House Press Secretary Jay Carney. In the 17-minute speech, President Obama spoke about public reaction to the conclusion of the George Zimmerman trial, racial profiling, and the state of race relations in the United States. [46]