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Tax Cuts

Ben White: Inside the Fiscal Cliff

92nd Street Y | Posted 02.11.2013 | Politics
92nd Street Y

POLITICO.com Chief Economic Correspondent, Ben White, recently spoke with us about the much anticipated fiscal cliff. White thinks the current stand ...

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...

4 Ways to Leap the 'Fiscal Cliff' to a Better America

Sarah van Gelder | Posted 02.10.2013 | Politics
Sarah van Gelder

Feeling panicked about the so-called "fiscal cliff?" Don't be. But artificial or not, the outcome of this fiscal showdown could set policy for years to come. Times of crisis open the door to changes that would be politically impossible in calmer settings

Dems Pressure Tea Party Republicans On 'Hostage' Holding

The Huffington Post | Mollie Reilly | Posted 12.10.2012 | Politics

The Democratic Congressional Campaign Committee launched a new robocall campaign Monday urging House Republicans to agree to extend tax cuts for the m...

NOW to Dems: Don't Make Deals With Our Fiscal Future

Terry O'Neill | Posted 02.06.2013 | Politics
Terry O'Neill

Negotiation and bipartisanship sound like nice concepts, but not when they produce policies that harm the middle class, the poor and our nation's economy.

Massive Ideological Republican Hypocrisy

Chris Weigant | Posted 02.04.2013 | Politics
Chris Weigant

While the entire political punditry world is caught up in yet another horserace, major tenets of the Republican party's faith seem to be crumbling. Their bedrock ideology is revealing itself, in multiple ways, of having been built on sand all along.

Listen to the Voters -- and Save Yourselves

Richard Trumka | Posted 02.04.2013 | Politics
Richard Trumka

It's time for House Speaker John Boehner and the Republican leadership to stop holding America's middle class hostage and instead join Democrats in saying "No" to another tax cut for the rich.

How the Fiscal Cliff Could Cut Your Paycheck By $4,000

Ben Mulling | Posted 02.03.2013 | Money
Ben Mulling

I have read hundreds of articles about this issue and most are overly technical and do not describe how it will impact the average American. So let me lay it out.

Fear and Consequence

Rek LeCounte | Posted 02.02.2013 | Politics
Rek LeCounte

If our current economic climate is not sufficiently geared toward growth and broad prosperity, then we'll be in for a long, dark ride through the next four years. Elections have consequences, America. I hope we're ready for them all.

Defense Executives Send Message To Obama, Congress On Fiscal Cliff Cuts

AOL Defense | Posted 12.03.2012 | Politics

Top executives from four major defense and aerospace firms sent a message to Congress and the Obama administration today: the nation expects its elect...

Progress On Big Dilemma Suffers Thanks To Dem-GOP Divide

Reuters | Posted 01.31.2013 | Politics

By Mark Felsenthal HATFIELD, Pa., Nov 30 (Reuters) - With barely a month left before the "fiscal cliff," Republicans and Democrats rem...

Friday Talking Points -- Obama 2.0?

Chris Weigant | Posted 01.30.2013 | Politics
Chris Weigant

Obama, as the chattering classes will tell you, is "done negotiating with himself." That's a pretty good phrase, because it accurately describes how these negotiations have taken place over Obama's first term. This time, the White House seems to be saying, that isn't going to happen.

Bickering Trumps Bargaining In Key Deliberations

Posted 11.29.2012 | Politics

By DAVID ESPO, ASSOCIATED PRESS WASHINGTON -- For the first time since the Nov. 6 election, partisan bickering trumped bargaining Thursday as Democ...

12 American Companies Freaking Out About The Fiscal Cliff

The Huffington Post | Harry Bradford | Posted 11.29.2012 | Business

Cremnophobia is spreading among American companies. That’s the snazzy word for “fear of cliffs,” and in this case it’s that fiscal one that ev...

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.

Rand Paul To GOP: Don't Touch Tax Deductions

The Huffington Post | Sarah Bufkin | Posted 11.28.2012 | Politics

Sen. Rand Paul (R-Ky.) had some words Wednesday for Republicans who have proposed to raise revenues by closing loopholes and eliminating deductions --...

Crucial Disconnect Hinders Fiscal Cliff Progress

Posted 01.28.2013 | Politics

By ANDREW TAYLOR, The ASSOCIATED PRESS WASHINGTON -- Republicans' newfound willingness to consider tax increases to avert the "fiscal cliff" comes ...

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...

Debunking The Myth Of The Obama Cave-In

Mother Jones | David Corn | Posted 11.26.2012 | Politics

With the "fiscal cliff" looming, the conventional wisdom is that the president capitulated during the last tax cut fight. Here's what really happened....

Nonprofits and the Fiscal Cliff

Aaron Dorfman | Posted 01.26.2013 | Politics
Aaron Dorfman

It generally prefers private charity to government, when both are necessary to meet society's needs. But what about the other organizations? Why aren't they advocating as forcefully for higher tax rates on the rich as they are against changes to the charitable deduction?

Rumpelstiltskin Economics

Jason Stanford | Posted 01.26.2013 | Politics
Jason Stanford

Every major event in the last decade has exposed Pax Republicana as a crumbling empire based on false ideologies, none more dangerous than believing in the Tax Fairy that magically grows the economy and fills the treasury when Congress cuts taxes on the wealthy.

White House: Raising Taxes On The Middle Class Will Doom Everyone

Reuters | Posted 01.26.2013 | Business

* Report says economy would suffer if AMT tax not patched * Latest salvo from White House in fiscal cliff battle By Jeff...

Lindsey Graham: 'I Will Violate The Pledge' Not To Increase Taxes

The Huffington Post | Arthur Delaney | Posted 11.25.2012 | Politics

WASHINGTON -- Several congressional Republicans said Sunday that they would be open to increasing the amount of money the government collects in taxes...

Chris Wallace Confronts John McCain On Tax Flip Flop

The Huffington Post | Arthur Delaney | Posted 11.25.2012 | Politics

WASHINGTON -- "Fox News Sunday" host Chris Wallace confronted Sen. John McCain (R-Ariz.) on Sunday for flip-flopping on tax cuts for the rich. Wal...

Norquist Plays Defense Amid Signs Coalition Is Faltering

Reuters | Posted 01.19.2013 | Politics

By Patrick Temple-West and Kim Dixon WASHINGTON, Nov 19 (Reuters) - Prominent American anti-tax crusader Grover Norquist on Monday ins...