To the extent that this favorable tax treatment facilitates economic expansion, the overall economy is mis-structured. Moving more assets to the wealthy should certainly not be a prerequisite for job development and economic progress.
Jamie Dimon, JPMorgan Chaseās chief executive, has been out front among Wall Street chiefs in supporting higher tax rates on individual taxpayers as...
If Republicans won't budge on raising tax rates but insist on broadening the base, Democrats should take aim at the biggest tax loophole of all for America's wealthy: the preference for capital gains. Capital gains should be taxed the same as ordinary income.
By overplaying his hand, Romney allowed the deft, if defenseless, Obama to charm his way back into the hearts of swing voters, while revving up his base. In an election that will come down to the ground game, such enthusiasm is key.
Oct 10 (Reuters) - The chief executive of JPMorgan Chase & Co, Jamie Dimon, waded into the U.S. fiscal debate on Wednesday when he said he was willing...
To release his 2010 and 2009 returns would raise the real possibility that he committed voter fraud. And, we all know how deeply concerned Republicans are about voter fraud, don't we?
Obama is going to win the election this year and when he does, I want him to raise taxes on wealthy Americans by repealing the Bush tax cuts or introducing new tax legislation on the "1 percent" as well as capital gains.
Most of us are familiar with the adage that small businesses create up to 80 percent of all jobs; however, the new Census Bureau database shows that it's not so much small businesses that create jobs as it is new businesses.
To serve the 1 percent, Republicans discarded all of their supposedly sacrosanct philosophy about taxes during last week's struggle over extending the temporary payroll tax cut.
Peter G. Peterson, the billionaire co-founder of the Blackstone Group, was the subject of Deborah Solomon's "Questions For" column in The New York Tim...
The "investment deficit" -- the rich hoarding rather than investing their money -- is the forgotten lesson of the Great Depression. To jumpstart jobs, we need to remember it.