Obama's proposed tax hikes at odds with GOP rivals

 

Published: February 14, 2012

WASHINGTON (AP) — President Barack Obama proposed tax increases on wealthy individuals and some corporations Monday, setting the stage for an ideological battle that won't be resolved until after the November election — if then.

Obama's proposed tax hikes put him at odds with the Republican presidential hopefuls. They have all called for tax packages that would lower taxes but possibly add to the federal defic...


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