
Obama to Hit U.S. Multinational Businesses with Billions in Taxes
On Monday, President Barack Obama’s budget will include a proposal to impose new taxes on trillions of dollars in profits accumulated by U.S. companies who do business overseas.

On Monday, President Barack Obama’s budget will include a proposal to impose new taxes on trillions of dollars in profits accumulated by U.S. companies who do business overseas.

Sunday on NBC’s “Meet The Press,” Rep. Paul Ryan (R-WI) said President Barack Obama is exploiting “envy economics,” with his proposed tax increases on the wealthy. In discussing the president’s plan to tax inheritance Ryan said, “I think it is