Even 40% of Republicans like Obama's proposal to make the rich pay more, according to a new poll. But voters still would rather cut spending than hike taxes.
Here is how President Obama's corporate tax proposal compares with the platforms of the four GOP candidates and a GOP House leader.
The legislation still has to be written, but congressional leaders agreed to extend jobless benefits and raise Medicare payments. More controversial proposals were dropped.
The contentious issue remains how it will be funded. Four negotiating sessions have yielded plenty of political rhetoric, but no progress.
The candidates all talk about improving the system, but there is no consensus on what to change. Closing 'loopholes' is unlikely to win votes.
The president wants to cut taxes on investment and add a 10% credit for businesses that create jobs or raise wages. Some of his proposals already have bipartisan support.
Romney favors the orthodox GOP approach of lowering tax rates and overhauling the corporate tax system. Gingrich's plan is more radical and much more difficult to achieve.
It's automatic, but it will expire Feb. 29 unless Congress extends the tax break. Employers and payroll services that didn't make adjustments in time will refund overpayments.
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