These days, it seems like everyone is talking about tax reform. It has only been a few weeks since President Barack Obama has taken office, and he has definitely hit the ground running when it comes to taxes.

During all the Presidential election hoopla, Obama promised voters that his economic plan would cut taxes for the small business and corporations that are responsible for creating lots of new jobs. Obama stated that this plan would drastically improve the declining economy, as well as bringing relief to the middle class by giving families roughly $1,000 in tax breaks. Regardless of who you voted for in the 2008 election, there is big news afoot in the White House!

Just a few days ago, President Obama proposed a substantial tax increase on the wealthiest citizens to help pay for his plan to make health care more affordable to the average American. And here’s some more good news to all you environmentalists out there, the President has proposed a plan that would force companies to buy permits if they want to exceed pollution caps! This will not only help the environment, but it will help pay for a tax credit that will benefit low and middle-income workers.

So, how will all this news affect prospective and current college students? Well, taxes are definitely a big deal. With the President focusing a huge amount of his time on the economy, more and more people are focusing on taxes. There will be lots of new opportunities in the tax and accounting industries, so it might be a good idea to hit the ground running when it comes to getting that college degree. Jobs in bookkeeping, business, and accounting are expected to grow as much as 12% during the next decade! *

President Obama’s emphasis on using taxes to improve the environment is also great news to all you folks who are looking for a “green career”. If you are passionate about the planet and are constantly lecturing your family and friends about wasting energy, there are a lot of public works projects coming your way! The President plans to invest lots of time and money into creating environmentally-safe alternatives to gas and fuel, which is projected to create lots of job opportunities for electricians, plumbers, and welders.

NOW is definitely the best time to get the education that you need to get ahead in the new Presidential administration. Stay tuned for more Obama news that will impact your career!

* Source: US Department of Labor, Bureau of Labor Statistics