Obama's Proposed 2013 Budget Contains Tax Increases

Obama to reintroduce taxes, deficit cuts for 2013 budget
In his fiscal 2013 budget, to be presented to Congress in early February, President Barack Obama reportedly will revive tax increases for wealthy Americans and deficit-reduction strategies that he proposed last year. In addition to the previously rejected ideas, Obama will propose new incentives for companies who bring jobs back to the U.S. Bloomberg Businessweek (1/12)