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Obama Bush Tax Cuts

The Surprising Truth About Obama's Tax Plan

The Huffington Post | Bonnie Kavoussi | Posted 12.08.2012 | Business

President Barack Obama touts his tax plan as raising taxes on households making more than $250,000. As it turns out, that threshold is more like $300,...

Rove-Linked Group Launches New Attack Against Obama

The Huffington Post | Sarah Bufkin | Posted 12.05.2012 | Politics

Crossroads GPS, a nonprofit organization founded by conservative strategist Karl Rove, has bought its first television ad since the election, attackin...

The Truth on Taxes: Everyone Needs to Pay More

David Callahan | Posted 01.30.2013 | Politics
David Callahan

Promising the middle class -- and a good swath of the upper middle class -- that their taxes will never go up is politically cowardly, economically irresponsible, and a betrayal of the progressive belief in government.

Think Again: Tax Cuts: The Faith and the Facts

Eric Alterman | Posted 01.29.2013 | Media
Eric Alterman

If there's one thing that unites conservative politicians, it's the economic value to all of society of tax cuts that disproportionately benefit the wealthy, such as those passed in 2001 and 2003 under President George W. Bush.

Jennifer Bendery

Grover Norquist: Tom Cole Didn't Mean To Publicly Say What He Said Publicly About Backing Obama's Tax Offer | Jennifer Bendery | Posted 11.28.2012 | Politics

WASHINGTON -- Anti-tax crusader Grover Norquist said Wednesday that Rep. Tom Cole (R-Okla.) "obviously" didn't expect his comments in support of Presi...

Mollie Reilly

GOP Congressman Urges Republicans To Agree To Obama Tax Plan | Mollie Reilly | Posted 11.27.2012 | Politics

Rep. Tom Cole (R-Okla.) on Tuesday pressed his fellow Republicans to go along with President Barack Obama's plan to raise taxes on the wealthiest Amer...

Not Everyone Who Makes $250,000 a Year Is Rich: Why the Cost of Living Matters

Menachem Rosensaft | Posted 01.19.2013 | Politics
Menachem Rosensaft

The inherent problem with allowing the Bush-era tax cuts expire for Americans earning more than $250,000 a year -- let's call them $250k+ Americans -- is that not all $250k+ Americans are created equal.

Sam Stein

Boehner Makes Play To Push Fiscal Cliff Deal To 2013 | Sam Stein | Posted 11.16.2012 | Politics

WASHINGTON -- Following an hour-long meeting at the White House on Friday morning, congressional leaders in both the House and Senate took to the micr...

The Bodhisattva's View Of Tax Policy

Tenzin Norbu | Posted 01.15.2013 | Religion
Tenzin Norbu

The nation requires more tax revenue to address the nation's fiscal problems and, by doing this, we can advance toward the goal of guaranteeing that everyone has the property necessary to lead a meaningful human life.

Elise Foley

Marco Rubio On Tax Hikes For The Rich: Why Bother? | Elise Foley | Posted 11.15.2012 | Politics

WASHINGTON -- Sen. Marco Rubio (R-Fla.) said Thursday there isn't much point in raising tax rates on the wealthy, because they also have the money to ...

Sam Stein

Obama To Progressives: 'I Am Not Going To Budge' On Bush Tax Cuts | Sam Stein | Posted 11.14.2012 | Politics

WASHINGTON -- President Barack Obama will enter high-stakes budget negotiations firmly committed to seeing the tax rates for high-income earners rise ...

Sam Stein

Obama's Progressive Base Embraces Him Anew, Bound For More Heartbreak | Sam Stein | Posted 11.13.2012 | Politics

WASHINGTON -- President Barack Obama's definitive reelection victory has invited Democrats to imagine a new era of liberalism, in which they are no lo...

No Economic Basis for Holding Middle-Class Tax Cuts Hostage to Tax Cuts for Wealthy

Chuck Marr | Posted 01.12.2013 | Business
Chuck Marr

Holding a one-year extension of the Bush middle-class tax cuts hostage to an extension of tax cuts on incomes over $250,000 , as House Republicans have done, creates dangerous economic risks with little economic upside.

Sam Stein

Bloomberg: Obama Should Veto Extension Of Bush Tax Cuts | Sam Stein | Posted 08.07.2012 | Politics

WASHINGTON -- New York City Mayor Michael Bloomberg is arguing once again that all the Bush-era tax cuts, including those on the first $250,000 in ann...

New Ads Hammer GOP For Anti-Middle Class Tax Vote

The Huffington Post | Michael McAuliff | Posted 08.06.2012 | Politics

Republicans and Democrats in Congress very deliberately made their tax arguments before going on a six-week break last week, with Democrats voting to ...

Jennifer Bendery

John Boehner: President Obama 'Doesn't Give A Damn' About Middle Class | Jennifer Bendery | Posted 07.18.2012 | Politics

WASHINGTON -- President Barack Obama is too busy attacking Mitt Romney to care about middle-class Americans, House Speaker John Boehner (R-Ohio) charg...

Obama Right on $250,000 Tax Cut Limit

Larry Hirsch | Posted 09.15.2012 | Politics
Larry Hirsch

In pushing for the $250,000 cap, the president is both helping those who most need it and helping the economy.

Jennifer Bendery

Obama Calls For Middle-Class Tax Cut Extension | Jennifer Bendery | Posted 09.08.2012 | Politics

WASHINGTON -- President Barack Obama on Monday gave another push to Congress to let families keep their Bush-era tax cuts on their first $250,000 of t...

Why We Have to Raise Taxes on the Rich and End the Bush Tax Cuts for the Wealthy (and Bill Clinton Agrees)

Robert Reich | Posted 08.06.2012 | Politics
Robert Reich

2012-06-06-RBReich.jpg In reality, Romney and the GOP are pushing an agenda that has nothing whatever to do with reducing the budget deficit. If they were serious about deficit reduction they wouldn't demand tax cuts for the very wealthy.

Jennifer Bendery

Washington Post Slams Nancy Pelosi | Jennifer Bendery | Posted 05.24.2012 | Politics

The Washington Post editorial board on Wednesday night slammed House Minority Leader Nancy Pelosi (D-Calif.) for pushing to permanently extend "middle...

Why Obama Should Raise Taxes in 2013

Joseph Rauch | Posted 06.10.2012 | College
Joseph Rauch

Obama is going to win the election this year and when he does, I want him to raise taxes on wealthy Americans by repealing the Bush tax cuts or introducing new tax legislation on the "1 percent" as well as capital gains.

Fiscal Affairs: Democrats and the Bush Tax Cuts

James Kwak | Posted 05.02.2012 | Politics
James Kwak

If the tax cuts were bad a decade ago, what has changed since then (for now, leaving aside cyclical issues)? We have had one more decade of aging and health care inflation (and war), so the long-term budget outlook looks considerably worse.

CBO: Tax Hikes, Defense Cuts, and Slow Growth -- One Vision for the Future

Fred Bauer | Posted 04.03.2012 | Politics
Fred Bauer

The assumptions made here by the Congressional Budget Office suggest a radically different federal government than we're used to, one that taxes more and one that spends more on various mandatory domestic programs and less on defense and discretionary programs.

Michael McAuliff

Super Committee Stalled As Democrats Reject Latest GOP Offer | Michael McAuliff | Posted 11.18.2011 | Politics

WASHINGTON -- The gap between Democrats and Republicans on the debt-cutting super committee appeared as unbridgeable as ever going into the last weeke...

Jason Linkins

The Democrats May Have Lost Now, But They Can Win Later (Unless They Also Lose Later) | Jason Linkins | Posted 10.01.2011 | Media

Some say the pony in the Bad Loser Debt Deal is that the tax cuts will expire at the exact same moment they would have expired if there wasn't a Bad Loser Debt Deal. O-kay! Except I've seen this movie before, and I know how it ends.