The organization known as Americans for Tax Reform (ATR) has calculated that since 2009 President Obama has proposed 442 tax increases. This figure results from a survey of the budgets for the fiscal years 2010 to 2015. In addition to these tax increases there were a further twenty tax increases included as part of the Affordable Care Act of 2010. Of the total tax increases, 93 were put forward as part of the tax measures for the 2015 fiscal year.
Related Posts
EU faces Chinese WTO challenge over EV tariffs, USTR announces similar measures
According to a post by the United States Trade Representative (USTR), China initiated formal proceedings at the World Trade Organisation (WTO) on 4 November 2024, challenging the European Union's imposition of definitive countervailing duties on
Read MoreUS: USTR launches new four-year review of China IP, technology transfer practices
The Office of the United States Trade Representative (USTR) has announced the initiation of the second four-year review of the tariff measures imposed under the Section 301 investigation into China’s acts, policies, and practices concerning
Read MoreTrump Administration’s trade strategy marks shift in US approach to China
President Donald Trump's upcoming summit with Chinese President Xi Jinping in Beijing on 14-15 May 2026 is expected to introduce a fundamental change in how the US manages its economic relationship with China. The proposed Board of Trade
Read MoreUS: IRS permits retroactive cost allocation refinement, setoff relief in transfer pricing case
In a Chief Counsel Advice memorandum dated 27 January 2026 and released publicly on 1 May 2026, the US Internal Revenue Service (IRS) ruled that a multinational corporation could retroactively adopt a more detailed cost allocation approach for
Read MoreUS: Trade Court rules Trump’s temporary tariffs illegal
A US trade court has ruled against President Donald Trump's 10% temporary global tariffs, declaring them unlawful under a 1970s trade statute. However, the decision only blocks the duties for three specific parties, leaving them in effect for most
Read MoreWall Street’s arrival at Bitcoin 2026: Bitcoin’s entrance into corporate treasury
If 2024 was the year Bitcoin discovered politics when then-candidate President Donald Trump gave the keynote address, 2026 was the year Wall Street declared total victory. Walking through The Venetian, the 40,000-strong crowd felt less like a
Read More