The Tax Changes in President Obama’s Fiscal Year 2015 Budget


President Obama released his fiscal year 2015 budget yesterday. Overall, the president proposes to increase revenue by $1.759 trillion over ten years. This new revenue comes in the form of a couple large tax changes, numerous small tax changes, and new fees (which we don’t discuss in this post).

This analysis is a general overview and is based on the few specifics that the White House’s budget documents provide.


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