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Obama Calls for "Tax Equality" to Fight High Unemployment

Publisher:This station

Publish Time:2018-10-13 14:41:47

International online report(reporter  Lv Xiaohong):US President Barack Obama9Japan calls on Congress to extend tax cuts for the middle class,To reduce the government's fiscal deficit and stimulate economic growth。


Obama delivered a speech at the White House on the same day,Call on Congress to increase the annual income of individuals25The tax cuts for the middle class below $10000 will be extended for another year,And at the same time emphasize,The rich beyond this red line will no longer enjoy the current tax cuts when they expire at the end of this year。


according to《New York Times》report,If President Obama's proposal finally gets congressional support,The federal government will lose revenue1500USD100mn,But at the same time,As the rich beyond this red line will no longer enjoy tax concessions,This will contribute to the government8500US $100 million tax,Two Next One Plus Minus,The government's revenue has actually increased by a large margin。


Public opinion believes that,President Obama's proposal will help alleviate the threat to the economic recovery of the United States“Fiscal cliff ”It has a certain effect,But it is almost impossible to pass the deliberation of Congress,And will trigger more verbal battles between Democrats and Republicans。as everyone knows,The tax reduction policies for personal income tax and other items introduced during the Bush administration2010Will expire at the end of this year after the year is extended,If it is not extended,American taxes will rise,F(xiàn)or Americans who have suffered from the economic downturn,It means more living burden。And tax reduction means that the government revenue will decrease,This in turn reduces the federal government's fiscal expenditure,May plunge the US economy into recession。This,Economists also hold different opinions,It's hard to agree,F(xiàn)ederal Reserve Chairman Bernanke and other experts have warned many times recently“Fiscal cliff ”Possible impact on US economic growth。


And around whether to extend the tax reduction policy again,The Democratic Party and the Republican Party have launched a fierce game,Although both sides agreed that the tax cuts should be extended,But the Republicans oppose the red line,Believes that raising taxes on the wealthy will affect the U.S. job market,And accused Obama of launching“class struggle”,Insist on tax reduction for all。


Analysts pointed out that,Obama rushed to7The proposal of tax reduction before the adjournment of Congress at the end of this month,Obviously, it is hoped that“Tax equality”The key words of this re-election campaign have been brought to the public attention again。As early as2010end of the year,The two parties had a heated debate on whether to extend President Bush's tax cuts,F(xiàn)inally reach a compromise,But then President Obama threatened2012The tax reduction policy will not be extended after the end of the year。Appeal to Obama,Republicans accused Obama of a campaign tactic,The goal is to lead the economic debate in the election year from the sluggish job market to“Tax equality”Debate over the concept of。


NPR commented that,President Obama's message is undoubtedly good,But I picked the wrong time。Facing high unemployment rate,Obama's proposal does nothing to save the job market。


Last Friday,Data released by the United States Department of Labor shows that,U.S.A6The unemployment rate remained at8.2%。Affected by European debt crisis,The downside risk of the US economy remains high,However, the government has very limited room for regulation。That's why,“Tax equality”And“rate of employment”Become the focus of the game between the Democratic Party and the Republican Party in this year's presidential election。


Obama Calls for "Tax Equality" to Fight High Unemployment

Publisher:This station

Publish Time:2018-10-13 14:41:47

International online report(reporter  Lv Xiaohong):US President Barack Obama9Japan calls on Congress to extend tax cuts for the middle class,To reduce the government's fiscal deficit and stimulate economic growth。


Obama delivered a speech at the White House on the same day,Call on Congress to increase the annual income of individuals25The tax cuts for the middle class below $10000 will be extended for another year,And at the same time emphasize,The rich beyond this red line will no longer enjoy the current tax cuts when they expire at the end of this year。


according to《New York Times》report,If President Obama's proposal finally gets congressional support,The federal government will lose revenue1500USD100mn,But at the same time,As the rich beyond this red line will no longer enjoy tax concessions,This will contribute to the government8500US $100 million tax,Two Next One Plus Minus,The government's revenue has actually increased by a large margin。


Public opinion believes that,President Obama's proposal will help alleviate the threat to the economic recovery of the United States“Fiscal cliff ”It has a certain effect,But it is almost impossible to pass the deliberation of Congress,And will trigger more verbal battles between Democrats and Republicans。as everyone knows,The tax reduction policies for personal income tax and other items introduced during the Bush administration2010Will expire at the end of this year after the year is extended,If it is not extended,American taxes will rise,F(xiàn)or Americans who have suffered from the economic downturn,It means more living burden。And tax reduction means that the government revenue will decrease,This in turn reduces the federal government's fiscal expenditure,May plunge the US economy into recession。This,Economists also hold different opinions,It's hard to agree,F(xiàn)ederal Reserve Chairman Bernanke and other experts have warned many times recently“Fiscal cliff ”Possible impact on US economic growth。


And around whether to extend the tax reduction policy again,The Democratic Party and the Republican Party have launched a fierce game,Although both sides agreed that the tax cuts should be extended,But the Republicans oppose the red line,Believes that raising taxes on the wealthy will affect the U.S. job market,And accused Obama of launching“class struggle”,Insist on tax reduction for all。


Analysts pointed out that,Obama rushed to7The proposal of tax reduction before the adjournment of Congress at the end of this month,Obviously, it is hoped that“Tax equality”The key words of this re-election campaign have been brought to the public attention again。As early as2010end of the year,The two parties had a heated debate on whether to extend President Bush's tax cuts,F(xiàn)inally reach a compromise,But then President Obama threatened2012The tax reduction policy will not be extended after the end of the year。Appeal to Obama,Republicans accused Obama of a campaign tactic,The goal is to lead the economic debate in the election year from the sluggish job market to“Tax equality”Debate over the concept of。


NPR commented that,President Obama's message is undoubtedly good,But I picked the wrong time。Facing high unemployment rate,Obama's proposal does nothing to save the job market。


Last Friday,Data released by the United States Department of Labor shows that,U.S.A6The unemployment rate remained at8.2%。Affected by European debt crisis,The downside risk of the US economy remains high,However, the government has very limited room for regulation。That's why,“Tax equality”And“rate of employment”Become the focus of the game between the Democratic Party and the Republican Party in this year's presidential election。


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