SPECIAL REPORT NOW AVAILABLE
PRESIDENT'S FISCAL YEAR 2014 BUDGET CONTAINS HOST OF INDIVIDUAL AND BUSINESS TAX PROVISIONS
On April 10, President Obama released his Fiscal Year 2014 federal budget proposal, which included $1.8 trillion of additional deficit reduction over 10 years. It contains many of the provisions proposed in his 2013 budget, along with several new ones, such as the use of a chained consumer price index (CPI) and a $3 million limit on tax-preferred retirement accounts. Whether regarded as a vision of the President's agenda or a roadmap to coming changes, the budget proposal can't be ignored.
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