President Obama plans to use his State of the Union speech to Congress to highlights plans to reduce the nation's economic inequality while noting the creation of the Consumer Financial Protection Bureau and other administration achievements to help the middle class.

One of his guests at the Tuesday night speech will be investor Warren Buffett's secretary. Buffett has noted that under the current tax code he pays a lower rate than his secretary and Obama plans to propose a change to the tax code that guarantees millionaires pay a certain amount in taxes.

Obama told attendees at several campaign events that he wants to pass policies that ensure that the country has an economy "that works for everyone, not just a wealthy few."

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.