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Tax Cuts

Candidates Talk About the Middle Class But Forget the Poor

C. Nicole Mason | Posted 01.18.2016 | Politics
C. Nicole Mason

There has been virtually no discussion, from Republicans or Democrats, about how to improve the conditions of individuals and families in poverty who are striving to reach the middle class, but are not yet there. What about these people?

Obama Wisely Calls for Boosting Tax Credits for Childless Adults

Chuck Marr | Posted 01.13.2016 | Politics
Chuck Marr

The Earned Income Tax Credit has long enjoyed bipartisan support because it encourages and rewards the work of low- and moderate-income people.

Congress' Half-Trillion Dollar Spending Binge

Politico | Annum Masroor | Posted 12.17.2015 | Politics

Rand Paul thinks the national debt is the “greatest threat” to America’s future. Donald Trump warns that the nation is at risk of be...

Could Tax Cuts Help Cure Climate Change? A Surprising Left/Right Conversation

Living Room Conversations | Posted 12.16.2015 | Politics
Living Room Conversations

by Joan Blades Professor Philip Tetlock has studied why experts are so often wrong in their predictions. He discovered that experts who have a nar...

The Biggest Blow To Obamacare Yet Could Come From Democrats

The Huffington Post | Jonathan Cohn | Posted 12.08.2015 | Politics

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The GOP's Tax Warfare

Richard North Patterson | Posted 12.08.2015 | Politics
Richard North Patterson

Why do Republicans insist on cutting taxes for the ultra-rich, while shrouding their impact in mendacious nonsense? Because that's what their ultra-richest donors want.

Kansas' Economic Growth Continues to Lag, Despite Tax Cuts

Michael Leachman | Posted 12.01.2015 | Politics
Michael Leachman

Tax-cut proponents predicted an economic boom, not meager growth. When Governor Sam Brownback signed the tax cuts into law, he said they would provide "a shot of adrenaline into the heart of the Kansas economy."

The American Hunger Games: Top Republican Candidates Take Economic Policy Into the Wilderness

Nomi Prins | Posted 11.29.2015 | Politics
Nomi Prins

Certainly, there has never been a stranger or more unsettling Republican campaign for the presidential nomination or one more filled with economic balderdash and showmanship.

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

HuffingtonPost.com | 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

HuffingtonPost.com | 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...