Barack Obama, Tax Credit | featured news

President to ask Congress to increase and permanently extend research and development tax credits for businesses in hopes of spurring economic growth ahead of elections, White House official says.

Just ahead of Tax Day, President Barack Obama is urging Americans to take advantage of tax credits for first-time homebuyers, college students and others.

President Barack Obama was to tout a tax credit for small businesses on Thursday in his second speech this week promoting his sweeping healthcare overhaul to a skeptical public.

The plan, which the president is scheduled to announce in a stop at a Baltimore business, would offer a $5000 tax credit for each new worker hired this year, up to $500000 per business. President Obama speaks at a town hall meeting at the University of ...

President Barack Obama is set to sign a $24 billion economic stimulus bill providing tax incentives to prospective homebuyers and extending unemployment benefits to the longtime jobless who have been left behind as the economy veers toward recovery....

The Senate's top Democratic on budget issues is scrapping Barack Obama's signature tax $400 tax credit for most workers as he seeks to cut the deficit to sustainable levels.