iOS app Android app

Tax Hikes

GOP Rep: Obama Riding In 'Darth Vader Bus'

Huffington Post | Paige Lavender | Posted 10.17.2011 | Politics

U.S. Rep. Louis Gohmert (R-Texas) criticized President Barack Obama's bus tour of the Midwest during an appearance on Fox Business Tuesday night. T...

It's the Stupid Economy

Larry Beinhart | Posted 10.01.2011 | Politics
Larry Beinhart

OK, a quick trip down memory lane. Kids and young adults, anyone under 25, ask your parents, because I know it wasn't covered in school.

States Raise Fines And Fees To Avoid Tax Increases

Associated Press | David Klepper and Brian Witte | Posted 09.23.2011 | Business

NARRAGANSETT, R.I. (AP) -- Twenty dollars for a parking place wasn't going to ruin Ellen Majka's day at the beach. But she was still taken aback when ...

Cash-Strapped States Turn To Budget Cuts Over Higher Taxes To Patch Shortfalls

The Wall Street Journal | Leslie Eaton And Kris Maher | Posted 09.06.2011 | Politics

Forty-six states began a new fiscal year Friday after lawmakers spent the spring hashing out budgets that largely avoid big tax increases in favor of ...

Tyler Kingkade

Bill Clinton's Warning On The Debt Ceiling Debate

HuffingtonPost.com | Tyler Kingkade | Posted 09.05.2011 | Politics

WASHINGTON -- Former President Bill Clinton said Wednesday that any deficit-cutting deal worked out between Democrats and Republicans shouldn't take e...

Greek Parliament Passes Key Austerity Bill, Paving Way For Bailout

Posted 08.29.2011 | Business

ATHENS, Greece (AP) -- Greece's lawmakers have approved a key austerity bill, paving the way for the country to get its next vital bailout loans that ...

Poll Shows Where Americans Stand On Raising Taxes In Debt Fix

Posted 07.12.2011 | Politics

WASHINGTON (Reuters) – More than half of Americans say higher taxes should be part of a fix to tame the $14.3 trillion U.S. debt, a Reuters poll rel...

E. Hampton Della Femina To Close, Owner Blames Obama

East Hampton, NY Patch | Taylor K. Vecsey | Email the Author | April 20, 2011 | Posted 06.21.2011 | New York

Jerry Della Femina has sold the restaurant that bear's his last name and has become a staple East Hampton restaurant for almost two decades. Mei Li...

Weird Tax Myths #2 -- Recessions, Depressions and Tax Policy

Larry Beinhart | Posted 05.25.2011 | Politics
Larry Beinhart

Our prevailing mythology is that tax cuts help: They stimulate the economy, promote growth, create jobs. The truth is that tax cuts cause crashes. Tax hikes end depressions and recessions.

Tax Cuts Vs. Unemployment

Larry Beinhart | Posted 05.25.2011 | Business
Larry Beinhart

NEVER EVER LET THE FACTS MATTER TAX CUTS USUALLY LEAD TO HIGHER UNEMPLOYMENT TAX INCREASES LEAD TO LOWER UNEMPLOYMENT Since 1950 we have had five tax...

GOP: Masters of Message

Rick Horowitz | Posted 05.25.2011 | Politics
Rick Horowitz

When it comes to taking credit for tilting the pre-election playing field so smoothly in their direction, the GOP is the very picture of modesty.

Some Top Democrats May Be Rethinking Tax Hike On The Rich

washingtonpost.com | Lori Montgomery | Posted 05.25.2011 | Business

The Bush tax cuts are set to expire in December. Republicans are pushing to extend them all, while President Obama has forcefully argued that the coun...

Letting the Tax Cuts Expire for Top Tax Brackets.

Samuel H. Williamson | Posted 05.25.2011 | Business
Samuel H. Williamson

Ask every small business you know if they expect their profits to be more than a quarter million dollars this year. Most will likely say no.

Response to David Stockman's 'Four Defamations of the Apocalypse'

Warren Mosler | Posted 05.25.2011 | Politics
Warren Mosler

David Stockman, a director of the Office of Management and Budget under President Ronald Reagan, is working on a book about the financial crisis and r...

Illinois Budget Crisis 2010: Civic Federation Says Only Big Tax Hikes Can Fix 'Horrific' Budget Problems

Posted 05.25.2011 | Chicago

Are massive tax hikes coming to Illinois? A government watchdog group says if the state wants to "become solvent," tax hikes and $2 billion in budget ...

Time to Talk Tax Hikes

Jim Jaffe | Posted 05.25.2011 | Politics
Jim Jaffe

As the crisis in California illustrates, waiting for the arrival of the revenue fairy or outlawing waste, fraud and abuse are faux strategies that deflect attention from tough decisions.

Revenue-Hungry States Are Raising Taxes on Their Wealthiest Residents

ABC News | ASHLEA EBELING | Posted 05.25.2011 | Business

Forbes 400 member B. Thomas Golisano built his fortune in New York and has run for governor there three times. In May he changed his official residenc...

Are Voters Cynical on Taxes, or More Grown Up Than Our Leaders?

Scott Bittle and Jean Johnson | Posted 05.25.2011 | Politics
Scott Bittle and Jean Johnson

Many American have no idea how long the country has been running deficits and they may not have all the numbers at their fingertips, but the general drift has not escaped them.