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Tax Cuts

What Do Candidates Propose To Boost Stagnant Economy?

Dave Johnson | Posted 10.30.2015 | Business
Dave Johnson

The Republican solutions are an agenda for their billionaire donors at the expense of the rest of us. But what else would you expect?

Donald Trump's Tax Plan Is the Perfect Example of America's Rigged Economy

Brian Hanley | Posted 10.29.2015 | Politics
Brian Hanley

It proposes a 21.6 percent increase in after-tax income for the top 1 percent. Keep in mind, this is the same top 1 percent that owns almost as much wealth as the bottom 90 percent.

Trump Should Be Speaker -- And Still Run For President. Seriously

Paul Abrams | Posted 10.09.2015 | Entertainment
Paul Abrams

Trump as Speaker would also be the greatest campaign move in history. It is not a time-consuming job; all you have to do is make top-line decisions and make deals. The House would no longer be a place for bickering. Everyone would have an incredible time, and put the "grand" back in "Grand Old Party."

Donald Trump's Tax Plan Could Balloon The Debt By 75 Percent

The Huffington Post | Zach Carter | Posted 09.29.2015 | Entertainment

WASHINGTON -- Donald Trump's tax plan would increase the national debt by more than 75 percent over the next decade, according to an analysis by...

The Real Reason Jeb Bush Wants To Cut Taxes For The Rich - TMFS Sketch

Matthew Filipowicz | Posted 09.15.2015 | Comedy
Matthew Filipowicz

In a TMFS Sketch, Jeb Bush's spokesperson discusses the reason Jeb wants to cut taxes for the rich.

Jeb Bush Wants To Double Down On His Brother's Tax Cuts For The Rich

The Huffington Post | Zach Carter | Posted 09.09.2015 | Politics

Republican presidential hopeful Jeb Bush outlined a tax plan on Wednesday that broadly resembles the tax platform presented in 2000 by his brother Ge...

Jeb Bush Proposing Broad Tax Cuts

Reuters | Mollie Reilly | Posted 09.08.2015 | Politics

WASHINGTON, Sept 8 (Reuters) - Republican presidential candidate Jeb Bush is proposing broad tax cuts for individuals and corporations as part of a p...

Taxing the Rich Was a Pillar of Our Modern Society

Cody Cain | Posted 08.13.2015 | Politics
Cody Cain

So here we are today, plagued by severe income inequality throughout our society. But it wasn't always like this. In fact, for just about our entire modern history, our society required the wealthy to contribute their fair share of taxes.

Bobby Jindal Becomes 13th GOP Candidate

Chris Weigant | Posted 06.24.2015 | Politics
Chris Weigant

But Jindal's time might have passed -- if it ever even existed. He's not as fresh a face on the political scene as he once was.

Despite Water and Climate Controversies and Urgings for Tax Hikes and Tax Cuts, Jerry Brown Scores High in New Polling

William Bradley | Posted 05.29.2015 | Politics
William Bradley

The big drought has Californians worried. There are major controversies over Governor Jerry Brown's order to cut water consumption by 25 percent, not to mention some furious to-and-froing on climate change and demands for tax hikes and tax cuts.

Corporate Welfare Fails to Deliver the Jobs: The Sad Case of Start-Up NY

Lawrence Wittner | Posted 05.28.2015 | New York
Lawrence Wittner

For several decades, state and local governments have been showering private businesses with tax breaks and direct subsidies based on the theory that this practice fosters economic development and, therefore, job growth. But does it?

Those Gruelling U.S. Tax Rates: A Global Perspective

Steve H. Hanke | Posted 05.04.2015 | World
Steve H. Hanke

The Tax Foundation released its inaugural "International Tax Competitiveness Index" (ITCI) on September 15th, 2014. The United States was ranked an abysmal 32nd out of the 34 OECD member countries for the year 2014.

Taxes and Your Wallet

Mike Smith | Posted 06.17.2015 | Money
Mike Smith

Taxes and Your Wallet

Bonanza for the Super Rich: The Fund Managers' Tax Break

Dean Baker | Posted 06.13.2015 | Business
Dean Baker

The reason most of us have seen little gain from economic growth over the last three decades is that the rich have rigged the rules to ensure that money flows upward. Through their control of trade policy, Federal Reserve Board policy, and other key levers of government, they have structured the market to weaken the bargaining power of ordinary workers and benefit the CEOs and Wall Street crew. As a result, the typical worker has seen almost none of the gains from economic growth over the last four decades. Most of this rigging comes in before-tax income.

Will 2014 Be a Holiday for Tax Cheats?

Scott Lilly | Posted 06.13.2015 | Politics
Scott Lilly

A government agency with a salary structure that makes it nearly impossible to compete against the best legal and accounting firms in the country in the best of times is being forced to fire staff, furlough its remaining employees and subject those who remain to ever-increasing workloads while at the same time the complexity of that workload is increasing exponentially.

Michael McAuliff

Republicans Admit To Guessing On The Budget | Michael McAuliff | Posted 03.17.2015 | Politics

WASHINGTON -- The new Republican budget unveiled Tuesday not only dramatically cuts health care, anti-hunger programs and most other non-military spen...

Michael McAuliff

Democrats Roll Out 'Middle-Class' Tax Agenda To Compete With GOP | Michael McAuliff | Posted 03.04.2015 | Politics

WASHINGTON -- Democrats on Wednesday fired their own salvo in Capitol Hill's ongoing tax cut battles, offering a slew of breaks that would primarily h...

Tax Cuts Are Palliatives, Not Cures

Jared Bernstein | Posted 04.26.2015 | Politics
Jared Bernstein

I don't think you need a crystal ball to predict that whoever runs for president in 2016 will have some sort of tax cut at the heart of their platform, probably targeted at the middle class, and I'm talking both Democrats and Republicans.

Will Chris Christie Play to National GOP by Tying Tax Cut for the Wealthy to Road Fixes?

Gordon MacInnes | Posted 04.20.2015 | Politics
Gordon MacInnes

Fixing the state's transportation mess is crucial. And there's no alternative but to find significant, stable funding to do so. Nor should the politics of Gov. Christie possibly seeking his party's presidential nomination trump responding to New Jersey's emergency.

Michael McAuliff

House Begins Passing Series of Deficit-Hiking Tax Cuts | Michael McAuliff | Posted 02.13.2015 | Politics

WASHINGTON -- One of the few bipartisan goals that President Barack Obama and Republicans agree on is comprehensive reform of the tax system, but Demo...

Good Deflation: A 'Tax Cut' for Working Families

Robert Rosenkranz | Posted 04.05.2015 | Business
Robert Rosenkranz

The conventional wisdom, embraced by the Fed and by most economic commentators, is that deflation is bad. But is there an exception when "deflation" is triggered by a dramatic decline in the price of oil?

Dazed and Dizzy, the Republican Majority Stumbles

Fernando Espuelas | Posted 03.27.2015 | Politics
Fernando Espuelas

The narrative goes something like this: We won the election, Republicans say, so Obama should now follow our lead. Of course, the problem with this line of thinking is that the president won two decisive victories in 2008 and 2012, and Republicans unleashed a wave of nothing.

Home-Field Advantage

Chris Weigant | Posted 03.23.2015 | Politics
Chris Weigant

While President Obama's "middle class economics" speech last night certainly laid down a few markers for Democrats in 2016 and beyond, the real reason it now seems Democrats will be playing on familiar turf comes from Republicans.

People of Faith Have Reason to Support President's State of the Union Proposals

Rev. Dr. Chuck Currie | Posted 03.22.2015 | Religion
Rev. Dr. Chuck Currie

Tonight after watching President Obama's State of the Union Address and speaking today with White House officials about the proposals the president is making, I can report without hesitation that the president has put forward a domestic agenda people of faith concerned about families, poverty and education can support.

Budget Shortfalls Could Stop Republican Governors From Keeping Big Promises

Pew's Stateline | Elaine S. Povich | Posted 01.14.2015 | Politics

This piece comes to us courtesy of Stateline. Stateline is a nonpartisan, nonprofit news service of the Pew Charitable Trusts that provides daily repo...