Tax Reform

Jumpstarting the Economy

Sen. Fritz Hollings | Posted 05.30.2012

Sen. Fritz Hollings

We are offshoring jobs faster than we can create them. We keep stimulating or bailing the economy boat as fast as we can but ignore the offshore hole in the bottom.

LISTEN: Rush Limbaugh Accuses Bill Clinton Of 'Undercutting Obama'

Posted 05.17.2012

Rush Limbaugh accused Bill Clinton of "undercutting" President Obama for comments he recently made about taxing the wealthy to fix the economy. Cl...

A Tale of Two Loopholes: The President's Taxes and Mine

Eric Schoenberg | Posted 05.15.2012

Eric Schoenberg

A comparison of the president's tax return with my own shows that growing wealth gaps are also occurring within the top 1 percent, and that our supposedly progressive tax system is making the problem worse.

The President and the Privileged

Hayden Bixby | Posted 05.14.2012

Hayden Bixby

Even more tellingly, the people ahead of me in line had worked a graveyard shift in order to pay the $200 it cost them to attend. And they hadn't slept, because they drove up to Seattle from Tacoma right after work to get in line.

Saving Face or Saving Lives? When Will Obama Lead?

Laurence J. Kotlikoff | Posted 05.10.2012

Laurence J. Kotlikoff

I'm running against President Obama as a candidate for the nomination of the Americans Elect platform. But I have deep respect for him as a person an...

Apple Sidesteps Taxes -- What's Wrong With That?

Christopher Bergin | Posted 05.01.2012

Christopher Bergin

We are currently having a debate in this country about fairness and our tax systems. That's a good debate to have. But insinuating that someone who pays a lower effective tax rate than you is somehow doing something unfair to you does not help the debate.

'We Face The Most Predictable Economic Crisis In History'

Posted 04.30.2012

Bloomberg View: Erskine Bowles, a true Southern gentleman and co-chairman of President Barack Obama’s erstwhile budget-deficit commission, came...

Here's Why Half Of Americans Don't Pay Income Tax

CNNMoney | Jeanne Sahadi | Posted 04.26.2012

NEW YORK (CNNMoney) -- It's a provocative fact about the tax code: Nearly half of U.S. households end up owing no federal income tax. But it's not ...

How to Solve All Our Budget Fights, Forever

Chris Weigant | Posted 04.18.2012

Chris Weigant

Imagine: after filling out your tax form, you then filled in a separate form. Say you paid $5,000 in income taxes last year. You'd then allocate that money as you saw fit, dollar by dollar, among the budget line items you chose.

A Fair Tax for Progressives

Mark J. Perry and Robert Dell | Posted 04.18.2012

Mark J. Perry and Robert Dell

The current tax code destroys wealth and diminishes wealth creation excessively, but it does not effectively tax wealth (in the sense of raising revenue). The FairTax would tax spending from wealth in addition to fostering more wealth creation.

Tax Reform Is for Suckers

Robert Slayton | Posted 04.18.2012

Robert Slayton

Tax reform is a wonderful subject; after all, it is the great American fantasy. The problem appears the instant you discuss specifics. Any specific tax exemption, in fact.

Top 10 Federal Tax Charts

Chuck Marr | Posted 04.18.2012

Chuck Marr

2012-04-18-imagepull2.jpgWe've collected our top ten charts related to federal taxes. Together, they provide useful context for the coming debates about how to reduce soaring budget deficits and reform the tax code.

Time for a 99 Percent Tax Revolt

Elizabeth Parisian | Posted 04.16.2012

Elizabeth Parisian

For the 99 percent of Americans who don't use lobbyists to bend the tax rules, Tax Day is a day for reflecting on why we pay taxes.

Romney Unveils Key Policy Details At Private Event

The Huffington Post | Mollie Reilly | Posted 04.16.2012

In a closed-door speech to donors at a private home in Florida on Sunday, Mitt Romney was unusually candid about his policy plans, offering details ab...

Geithner: 'No Credible Basis' For Argument That Buffett Rule Will Hurt Economy

Reuters | Posted 04.16.2012

WASHINGTON, April 15 (Reuters) - A proposal to impose at least 30 percent income tax on Americans making more than a million dollars a year will not...

Ben Hallman

Obamas Claim Tax Break That Most Helps The Rich

HuffingtonPost.com | Ben Hallman | Posted 04.14.2012

President Barack Obama didn't benefit last year from the huge break in the tax code that allows his presumptive rival, Mitt Romney, to pay taxes at a ...

Call It the Reagan Rule

Chris Weigant | Posted 04.12.2012

Chris Weigant

Obama should take his own advice and publicly rename the idea the "Reagan Rule" -- and then run a television ad explaining why to the country.

The Republican Path to National Failure

Hoyt Hilsman | Posted 04.12.2012

Hoyt Hilsman

From immigration to health care and education reform, the Republicans are arguing for restricting access not only to the poor, but chiefly to the middle class. At the same time, they are arguing for a greater concentration of wealth among the elites.

The Facts About U.S. Corporate Taxes

Robert McIntyre | Posted 04.11.2012

Robert McIntyre

You might have heard how the U.S. has just become "number one" in corporate taxation. But it's the highest on paper only. In practice, the true U.S. corporate tax rate is barely half of the 35 percent nominal rate.

Tiny Little Hope for Tax Reform

David Miller | Posted 04.10.2012

David Miller

Surprisingly, the president and his Republican counterparts are all in the same room and often on the very same page on the fundamental elements of tax reform.

Reducing Income Inequality Is the Key to Economic Growth -- Time to Pass the Buffett Rule

Robert Creamer | Posted 04.10.2012

Robert Creamer

We must mobilize Americans to reject economic inequality -- to vote for a society where we all stand together, where we have each other's backs -- and where we return the goal of reducing inequality to center stage where it belongs.

Untying the Knot

Sen. Fritz Hollings | Posted 04.09.2012

Sen. Fritz Hollings

Budget rhetoric in Washington is askew. Instead of discussing taxes we ought to be discussing the merit of programs and how to pay for them. But programs are never debated.

It's Tax Time: Is It Also a Time to Occupy the IRS?

Danny Schechter | Posted 04.05.2012

Danny Schechter

Today, especially thanks to Occupy Wall Street, we know how economic inequality had grown while the people with the most money in society work the hardest to not pay their fair share. They have been resisting for years, "legally," they claim.

Americans Say Others Not Paying Fair Share Of Taxes

The Huffington Post | Khadeeja Safdar | Posted 04.05.2012

It's not that Americans just don't like paying taxes. They also really don't approve of the U.S. system as a whole, according to a recent survey. ...

The Suffocation of American Democracy

Fred Rotondaro | Posted 05.29.2012

Fred Rotondaro

How does the private citizen, the individual voter, compete with the forces that are subverting democracy? The simple answer is not very well indeed.