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He isn't. This is political rhetoric from the president's opponents. It is common in politics for one side to accuse the other of raising taxes, but in this case, there is evidence that President Obama has actually given Americans a number of tax cuts. I enclose a link with further information about that.
What else can I help you with?
Will Barack Obama rise taxes?
Barack Obama states he will not raise taxes.
Does Barack Obama support taxes?
There is no such thing as "supports taxes" or "does not support taxes." Taxes are a fact of life, there is no way for Pres. Obama to not support taxes. President Obama supports a progressive tax, meaning rates are higher on the rich then the poor.
What is obama point of view on the taxes?
raise taxes
Does obama support increasing taxes on S corporations?
This is a double sided question. The direct answer is that Obama will not raise taxes on S-Corporations. S-Corporations rarely pay taxes. Their profits flow through a schedule K-1 to the owners individual income tax return.If Obama raises personal income taxes, which he probably will, then yes you will pay more.The biggest issue with Obama and S-Corporations is the fact that Obama wants the profits from an S-Corporation to be subject to Social security Taxes. Under present law, an owner of an S-Corporation can take distributions of profits and not pay social security taxes. The only tax you pay on S-Corp profits is federal income taxes. If he does pass this change then owners of S-Corps will pay upwards of 15.3% of their profits for Social Security Taxes. Thus eliminating the need to form an S-Corp.
How does Barack Obama feel about taxes?
Obama loves taxes because he's a politician and all they want is more federal power. Obama's also a liberal and thus twice as bad as a normal politician. So Obama loves taxes because they add to the federal reserve.
Can you give a list of Obama's staff who actually paid taxes?
There are currently 100 Obama staff members that have not yet filed taxes.
What is Barack Obama's point of view on taxes?
From what Obama's statements he wants to make taxes fair for everyone , even the wealthier americans of the u.s
What does Barack Obama claim they will do?
Raise your taxes.
Did Obama cut Employment taxes?
yes
Is Barack Obama decreasing taxes?
Yes
What position does Obama have on taxes?
he wants to rise them
Which of these actions would most likely not be supported by George HW Bush at the beginning of his presidency?
Increasing Taxes
