US Wealthiest Must Pay Higher Tax

Discussion in 'World' started by Bharatiya, Nov 16, 2012.

  1. Bharatiya

    Bharatiya New Member

    Obama since his winning of the elections has stated that the wealthiest will have to pay more taxes than earlier. Around $607 billion of tax rises are planned and apart from this, there are certain plans to cut down the defense budget too. They have also planned to end the deduction of mortgage interest from the taxable income, which is likely to hurt the middle class income people. How do you view Obama's decision? Any critiques?
     


Share This Page