The week's top news in world financial markets from Maximus Capital

Feb 03, 2010

USA The Obama administration seeks a $970 billion tax increase over the next decade on Americans earning more than $200,000 and wants to take in an additional $400 billion from businesses even as it retools a proposed crackdown on international tax-avoidance techniques. The administration’s budget would reinstate 10-year-old income tax rates of 36 percent and 39.6 percent for single Americans earning more than $200,000, and joint filers making more than $250,000 as part of a br ...

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