WASHINGTON (Reuters) - Republican leaders on Sunday criticized President Barack Obama's proposal for a new tax on millionaires, calling it "class warfare" and predicting it will face heavy opposition in Congress.
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BING NEWS:
- Illinois voters show support for creating a new 'millionaire tax.' Will it ever happen?
A week after ballots were cast, former Illinois Gov. Pat Quinn said the Nov. 5 election results show voters are willing to support a graduated income tax structure to provide property tax relief.
11/13/2024 - 9:07 pm | View Link - The IRS is staying focused on millionaires in 2025
With more than $1 billion hauled from the richest delinquents this year, the tax agency is gearing up to expand its enforcement over corporations, partnerships, and high-wealth individuals.
11/13/2024 - 8:28 am | View Link - 'Millionaires' Tax' Would Give IL Cover To Hike On Everyone
As Illinoisans head to the polls, they’ll be voting on more than just candidates. At the top of the ballot, they’ll also see an advisory question with serious implications on the state&rsq ...
11/4/2024 - 7:08 am | View Link - More
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