Thomson Reuters has released a special report focusing on President Obama’s 2015 budget proposal, which includes tax proposals such as the expansion and permanent extension of the Earned Income Tax Credit and the Research Tax Credit, a number of new international tax proposals, and renewed push for pairing infrastructure investments with business tax reform.

The budget also includes a new $56 billion “Opportunity, Growth and Security Initiative,” with suggested spending and tax changes to cover its costs. Obama’s proposals were quickly panned by Republican leaders but could still play a role in Congress’s continuing tax reform efforts.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access