Promise Posts – Page 2

Barack Obama

Make permanent the Research & Development tax credit

Late in Obama’s tenure, popular tax credit finally becomes permanent | December 15, 2016

Barack Obama

Overhaul the corporate tax code and reduce the rate for manufacturing companies

Corporate tax code resists change | December 7, 2016

Barack Obama

Create a new tax credit for companies that bring jobs to the United States from overseas

Jobs tax credit idea dead upon legislative arrival | December 7, 2016

Barack Obama

Enact the Buffett rule

Millionaires still paying a smaller tax share than secretaries | October 6, 2016

Barack Obama

Extend the American Opportunity Tax Credit

Fiscal cliff deal includes five-year extension | January 21, 2013

Barack Obama

Require publicly traded financial partnerships to pay the corporate income tax

No change to tax rules for publicly traded partnerships | January 3, 2013

Barack Obama

Expand the earned income tax credit

Past expansions of Earned Income Tax Credit are extended for five more years | January 3, 2013

Barack Obama

Close loopholes in the corporate tax deductibility of CEO pay

Rules for taxing corporate executive pay remain unchanged | January 3, 2013

Barack Obama

Extend child tax credits and marriage-penalty fixes

Variety of child and family tax cuts extended or made permanent in fiscal cliff bill | January 3, 2013

Barack Obama

Extend the Bush tax cuts for lower incomes

Lower rates are permanent, thanks to fiscal cliff | January 2, 2013

Barack Obama

Repeal the Bush tax cuts for higher incomes

Tax rates rise for incomes over $450,000 | January 2, 2013

Barack Obama

Freeze the 2009 estate tax law

Obama, Republicans split the difference on estate tax rates | January 2, 2013

Barack Obama

Extend and index the 2007 Alternative Minimum Tax patch

Congress permanently indexes the AMT for inflation | January 2, 2013

Barack Obama

Phase out exemptions and deductions for higher earners

‘Fiscal cliff’ bill limits tax breaks for higher-income taxpayers | January 2, 2013

Barack Obama

Cut federal contracts

Contract spending on the decline | December 12, 2012

Barack Obama

Give tax incentives to new farmers

No tax incentives for new farmers, and less spending on conservation incentives than authorized | November 28, 2012

Barack Obama

Simplify the application process for financial aid

Tax data simplified, but the FAFSA lives on | November 16, 2012

Barack Obama

Provide tax credits for automakers to build fuel-efficient cars

Tax credits and loans exceed $4 billion promise | August 6, 2012

Barack Obama

Support tax deduction for artists

No new tax deduction for value of artwork | July 19, 2012

Barack Obama

Expose Special Interest Tax Breaks to Public Scrutiny

Obama never fought for a tax earmark database as president | July 16, 2012

Barack Obama

Create an international tax haven watch list

Law passed in 2010 goes even further than promise | June 8, 2012

Barack Obama

Lift the payroll tax cap on earnings above $250,000

Payroll tax cap unchanged | April 30, 2012

Barack Obama

Create a mortgage interest tax credit for non-itemizers

Still no mechanism for non-itemizers | April 27, 2012

Barack Obama

Provide option for a pre-filled-out tax form

No movement on bill to create form | April 25, 2012

Latest Promises In Taxes