(Add first attempt Obama of changes in the code of the individual fee in paragraph 14).
April 14 (Bloomberg) - appeal of the President Barack Obama to increase taxes with emphasis on expenditure in the tax code was immediately dismissed by top Republicans, that any attempt to increase the decision-making by the Government of the economy would be difficult to move in the part of a deficit reduction plan Congress.As 4 trillion announced $ signalisationObama yesterday said that he wanted Congress to the revision of the tax by the decline in the rate code, by eliminating tax relief and generating more money than the current system does. The plan would allow the tax cuts that affect taxpayers to high-income to expire at the end of 2012 and raise $ 1 trillion more. "The reform should protect the middle class, promote economic growth and build on the model of the budget commission of the reduction of the tax expenditure that there are sufficient savings to lower rates and to reduce the deficit, "Obama said in remarks at George Washington University, in the capital, referring to a panel he appointed last year which describes a similar tax plan."Republicans, including President John Boehner and Senator Orrin Hatch House, rejected the argument of Obama that tax increases should be part of a package of deficit reduction. "" I do not think that we are all close to actually make a bill that we were there a day or a month ago ", said Clint Stretch, Senior Director of tax policy at Deloitte Tax LLP in Washington. "Given the fundamental disagreement on the best rates and the fundamental disagreement about who should bear the tax burden, it will take some time for the parties to work together."Task of the Republican PlanObama collection by restricting tax breaks is similar to that House Republicans define themselves last week. Plan budget of representative Paul Ryan calls for lower rates of greater than 25 percent tax and keeping income to a level consistent with extension permanently all the income tax reductions.The President more than 12 years $ 1 trillion target is smaller than the target 10 years $ 2.9 billion, Republicans. Both are ambitious they need Congress to consider the greatest benefits received by U.S. taxpayers, including deductions for mortgage interest and gifts of charity and the exclusion of health care provided by the employer.That the where the similarities end, and the two parties does not agree on the amount of revenue to collect and who should pay. Obama has used his speech to make distinctions between himself and Republican Congress, especially in its approach the tax cuts expire at the end of 2012. "Could not afford it '"In December, I agreed to extend the tax reductions for the richest Americans because it was the only way I could prevent a rise in taxes on the American middle class,"Obama said. "But we cannot afford tax cuts for each millionaire and billionaire, equivalent to $ 1 trillion in our society." We do not it. "And I refuse to renew their new".The focus of the Obama on the generation of tax revenues of best support reflects its 2008 campaign commitment not to increase taxes for people earning less than $200,000 a year or married couples earning less than $250,000said Diane Lim Rogers, Chief Economist of the Concord Coalition at ArlingtonEn Virginia, which advocates deficit reduction.Obama did not specifically mention that pledge in the speech of yesterday. "" If we do not talk about him breaking this promise, "Rogers said", and then the second thing better that we could do is to tackle the tax expenditure really large and limit their only those it considers middle class and below ".CodeObama of individual fee offers a version of this concept in its 2012 budget. He suggested detailed capping retained at 28 per cent, which would limit the benefits to taxpayers to high income. Speech yesterday, he said that he wanted to go further.Obama speech marked his first attempt to seek major changes in the structure of the code of the individual taxes, beyond the proposals of tax on companies that he made in the State of the Union.It reiterated its support for the lowering of the corporate tax rate and the removal of the tax breaks for business. Support for revenue tax awareness changes makes him oppose many of the Republican Congress, including House Leader Eric Cantor of Virginia and the means most President Dave Camp of Michigan, who claim that the reduction of the deficit must be accomplished by spending cuts alone. "Any plan that begins with and destroying work tax increases is a non-starter,"Boehner, an Ohio Republican, said yesterday.Deficit deficit CommissionThe Commission suggests a tax structure that would include a high tax rate of 28%, to the low current high rate of page 35 per cent. This plan would also impose capital gains and dividends as ordinary income and transform the mortgage interest and contribution deductions limited charitable funds.Montana Senator Max Baucus, who voted against the plan of the budget commission in part because, he said that it would hurt rural America, said yesterday that the Congress should seek a balanced approach which focuses on spending and revenues. "" We should begin with the assumption there will be at least a few steps, that we must hold together that would not be the preference of each of us alone, "said Baucus, Chairman of the Senate Finance Committee.Camp, who has proposed cutting the top rate of individuals and companies to 25 p. 100appelé the rhetoric of the"unnecessary"Obama", useless, unproductive" and too partisan. "" I am ready to continue to work on these issues but I think that much of the approach made more difficult for us to do so ", he said.-With the help of Steven Sloan in Washington. Editors: Jodi Schneider, Robin Meszoly
To contact the reporter on this story: Richard Rubin in Washington to rrubin12@bloomberg.net
To contact the editor responsible for this story: Mark Silva in msilva34@bloomberg.net
没有评论:
发表评论