Can’t wait, if what I’m hearing about what he’ll say is true, such as tax reforms to benefit those of us who live for the next paycheck, such as raising the tax on capital gains to 28% (what it was during the Reagan era), increasing the child allowance, etc.

—“Closing the trust fund loophole, which the administration says allows hundreds of billions of dollars to escape untaxed and means wealthier Americans aren’t paying their “fair share” on inherited assets.

—Raising the total top capital gains and dividends rate back to the level under President Ronald Reagan of 28 percent, which would affect couples making more than $500,000. Current realized cap gains are taxed at 20 percent with a 3.8 percent surcharge.

—Placing a fee on the biggest financial firms, making it more costly for them to borrow.

“Such measures would help the country pay for other programs, including providing free community college, officials said. They added that Obama plans to unveil other proposals for working and middle class families, including a $500 tax credit for second earners in families, which could aid an estimated 24 million couples, and streamlining child care tax incentives amounting to a tax cut of up to $3,000 per child.” More

msnbc.com

Instagram of President Obama working w Cody Keenan on his State of the Union speech in the residence of the WH today pic.twitter.com/rU56WZxIyA

— petesouza (@petesouza) January 18, 2015