Obama’s Proposal Would Make Effective Death Tax Rate as High as 68%

Stephen Moore The Daily Signal 2/8/2015

President Obama’s proposed changes to inheritance and capital gains taxes could raise the estate tax rate in the U.S. to the highest in the industrialized world.

The plan, announced during the State of the Union address, would eliminate what is called “step-up basis at death” on capital gains taxation. […]

Dems planning to hike taxes on oil, energy companies

Ed Morrissey HotAir.com 9/2/2010

During the presidential campaign, Barack Obama repeatedly vowed to force American companies to pay taxes on overseas earnings, rather than take a tax credit for taxes paid by its international operations. Eventually the White House backed down from that plan after heavy criticism from business leaders made it clear that multinationals […]