Obama plan shifts tax burden to rich



 
Obama plan shifts tax burden to rich


He says his overhaul would reward average Americans while curtailing Washington's advantages for the wealthy and powerful.



-- Democratic presidential candidate Barack Obama proposed Tuesday that the tax code be overhauled to give low- and middle-income taxpayers up to $85 billion in relief each year by shifting that burden to corporations and wealthy investors.

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News entry number 2437 added on Sep 19, 2007 in the Politics category.

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