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Obama Tax Cuts

Where Do You Fall in This Federal Income Tax Graph?

Graphiq | Posted 06.03.2015 | Money
Graphiq

The past 35 years have ushered in a considerable drop in the top rate paid by the most wealthy Americans, effectively narrowing the difference between the rates for the 1% and the rates for middle America.

Hooray for Taxes

Richard (RJ) Eskow | Posted 01.23.2014 | Politics
Richard (RJ) Eskow

Washington's obsession with tax cuts and deficit reduction is distracting the American people from the slow dismantling of the social contract, and its devastating impact -- financial and otherwise -- on all but the wealthiest among us.

Ben Hallman

Made In America: How Corporate Lobbyists Manufactured A $100 Billion Tax Break

HuffingtonPost.com | Ben Hallman | Posted 02.16.2013 | Business

Starbucks had already mastered the art of doing business on multiple continents as it grew from a niche coffee retailer in Seattle into a global brand...

Peggy Noonan and the Beleaguered 1 Percent

Joseph J. Thorndike | Posted 03.13.2013 | Politics
Joseph J. Thorndike

What irritates me is the extent to which Noonan is still out of touch with reality when it comes to the Republican brand. As long as Republicans can't see that people making $400,000 a year are actually rich, they will have a hard time building a new constituency for their party.

Ryan Grim

Obama Shows Signs Of Crumble In New Fiscal Cliff Offer

HuffingtonPost.com | Ryan Grim | Posted 12.18.2012 | Politics

WASHINGTON -- President Barack Obama, with his latest fiscal cliff offer, proposes extending the Bush tax cuts for everyone earning less than $400,000...

Obama 'Confident' Republicans Will Agree To Tax Deal

The Huffington Post | Mollie Reilly | Posted 12.11.2012 | Politics

President Obama said he's "optimistic" on reaching a fiscal cliff deal with congressional Republicans, predicting that the GOP will agree to extend ta...

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,...

Sam Stein

Fiscal Cliff Talks: Progress Quietly Begins As Both Sides Make Opening Bids

HuffingtonPost.com | Sam Stein | Posted 12.04.2012 | Politics

WASHINGTON -- Dire headlines about the ongoing "fiscal cliff" debate might give the impression that the country is destined for a harrowing economic j...

If Fighting for the Majority Is 'Radical,' Call Me Radical

Richard (RJ) Eskow | Posted 01.29.2013 | Politics
Richard (RJ) Eskow

In the hallucinogenic haze that is today's far right, apparently it's "radical" to promote ideas and policies supported by most American voters -- including, in many cases, most Republicans.

Tom Cole Defends His Tax Heresy

The Huffington Post | Arthur Delaney | Posted 11.29.2012 | Politics

WASHINGTON -- Rep. Tom Cole (R-Okla.) defended his heretical position on tax cuts for the wealthy Wednesday evening on CNN's "Anderson Cooper 360," bu...

Grover Norquist: Debt Ceiling Gives Republicans 'Leverage'

The Huffington Post | Mollie Reilly | Posted 11.27.2012 | Politics

Facing backlash from Republicans as the fiscal cliff nears, anti-tax crusader Grover Norquist defended his position Tuesday, claiming that the constan...

Sam Stein

Obama To Progressives: 'I Am Not Going To Budge' On Bush Tax Cuts

HuffingtonPost.com | 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 ...

Former DNC Chair Breaks With Obama On Bush Tax Cuts

The Huffington Post | Sam Stein | Posted 09.19.2012 | Politics

Tim Kaine, the former Democratic National Committee chairman who is in a pitched battle for Senate in Virginia, has become the most high-profile candi...

Which Presidential Candidate's Platform Will Have the Greatest Impact on the Job Market?

Amit De | Posted 11.17.2012 | Business
Amit De

While they disagree on the how, President Obama and former Senator Mitt Romney both agree on the what: America needs more jobs. But whose platform will impact the unemployment rate the most?

Michael McAuliff

Obama's Tax Cut Plan Voted Down In House

HuffingtonPost.com | Michael McAuliff | Posted 08.02.2012 | Politics

WASHINGTON -- The House of Representatives made its election-year arguments Wednesday in the tax-cut battle roiling Capitol Hill, rejecting a plan to ...

Obama: Romney's 'Asking You To Pay More So That People Like Him Can Get A Tax Cut'

The Huffington Post | Luke Johnson | Posted 08.01.2012 | Politics

President Barack Obama used a new report from the nonpartisan Tax Policy Center to hammer away at a consistent campaign theme: that Mitt Romney favors...

Democrats Hammer House Candidates On Tax Cuts

The Huffington Post | Michael McAuliff | Posted 07.30.2012 | Politics

With the House set to vote on extending all the Bush tax cuts later this week, Democrats are hammering 23 Republicans in competitive districts with an...

Michael McAuliff

Senate Passes Bill To Preserve Middle Class Tax Cuts

HuffingtonPost.com | Michael McAuliff | Posted 07.26.2012 | Politics

WASHINGTON -- Senators blinked in the political standoff over how much of the Bush-era tax cuts to extend for another year and voted Wednesday to keep...

Sam Stein

This Tax Cut Debate Will Be Different, White House Vows

HuffingtonPost.com | Sam Stein | Posted 07.24.2012 | Politics

WASHINGTON -- The Obama administration is making a preemptive move to change the script of the Bush tax cut debate after losing a months-long politica...

Michael McAuliff

Harry Reid Unveils Senate Democrats' Tax Cut Plan

HuffingtonPost.com | Michael McAuliff | Posted 07.17.2012 | Politics

WASHINGTON -- Senate Democrats fired the latest volley in the battle to claim the high ground on tax cuts Tuesday, proposing a plan similar to Preside...

Michael McAuliff

Republicans Balk At Chance To Vote On Obama's Tax Cut

HuffingtonPost.com | Michael McAuliff | Posted 07.11.2012 | Politics

WASHINGTON -- The partisan wrestling on tax issues took an odd turn in the Senate Wednesday as Republicans objected to a vote on President Barack Obam...

A Shared Fate

Dr. Lawrence M. Schall | Posted 09.10.2012 | College
Dr. Lawrence M. Schall

The real issue that divides the country right now is not the precise tax rate but whether we as a people share a common fate or not.

Obama Campaign Ad: Romney's Tax Plans Hurt The Middle Class

The Huffington Post | Sabrina Siddiqui | Posted 07.11.2012 | Politics

The Obama campaign released a new television ad on Wednesday targeting Mitt Romney for suggesting a tax plan that would protect the wealthy at the exp...

Boy, Are Americans Not Overtaxed

Jared Bernstein | Posted 09.10.2012 | Politics
Jared Bernstein

The Congressional Budget Office just released a very thorough update of their high quality household income series, adding data through 2009. There's so much in here it will be weeks before I can work my way through all of its nooks and crannies, but so far, something's jumped out at me. Man, I gotta say: when it comes to federal taxation, there is just no case in the data to be made in any way, shape or form that we Americans are overtaxed. Not middle income, not high income -- not the overall average. Not relative to other countries and not relative to our historical rates back to 1979. In fact, there's a strong, reality-based case in to be made for new revenues in any deal to stabilize the debt situation, starting at the top of the income scale.

The Truth About Obama's Tax Proposal (and the Lies the Regressives Are Telling About It)

Robert Reich | Posted 09.09.2012 | Politics
Robert Reich

Everyone is treated exactly the same. Everyone gets a one-year extension of the Bush tax cut on the first $250,000 of income. No "class warfare." Yet regressive Republicans want Americans to believe differently.