Tax Rates

President Barack Obama arrives for a campaign rally on October 11, 2012 at the University of Miami, in Coral Gables, Florida.   (Photo credit: MANDEL NGAN/AFP/GettyImages)

Report: Obama To Play Hardball On Fiscal Cliff

The U.S. is set to go over the much-hyped “fiscal cliff” on January 1 and the intransigency of both parties looks like it will push the country over the edge. The big winner of the looming tax hikes though could be President Obama if he wins re-election in November.

CBS Miami–10/18/2012

(Source:AP)

Congressional Research Service: Tax Cuts For Wealthy Doesn’t Boost Economy

Congress’ nonpartisan policy analyst may have just shot a huge hole in the battle over taxes between President Barack Obama and his Republican challenger Mitt Romney.

CBS Miami–09/17/2012

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