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Tax Hike

GOP Filibusters Tax Hike On Firms Moving Overseas

AP | STEPHEN OHLEMACHER | Posted 07.30.2014 | Politics

WASHINGTON (AP) — Republican senators blocked an election-year bill Wednesday to limit tax breaks for U.S. companies that move operations overseas. ...

Friday Talking Points -- Talking About the Deal

Chris Weigant | Posted 03.06.2013 | Politics
Chris Weigant

We are going to use our Friday Talking Points this week to point out why this deal is not just a pretty darn good one, but actually downright historic.

Majority Of Americans Support Tax Hike For Rich

The Huffington Post | Ariel Edwards-Levy | Posted 07.17.2012 | Politics

Americans support raising taxes on the rich by a two-to-one margin, with many believing an increase would both help the economy and make the tax syste...

Zach Carter

CEOs Embrace Tax Hike Plans Rejected By Paul Ryan

HuffingtonPost.com | Zach Carter | Posted 03.08.2012 | Politics

WASHINGTON -- A powerful coalition of corporate executives on Wednesday praised a deficit reduction plan that has long been maligned by GOP leaders fo...

A Silver Lining in New York's Tax Hike

Carol Kellermann | Posted 02.07.2012 | New York
Carol Kellermann

If a temporary personal income tax hike is the price we pay for long-term reforms that enhance infrastructure, encourage job growth, and make the tax system more equitable, then it is a price worth paying.

Republicans' Tax Dilemma

Chris Weigant | Posted 01.28.2012 | Politics
Chris Weigant

Have the Republicans in Congress painted themselves into a corner on taxes? They seem to be in the position of choosing between a number of courses of action, most of which would normally be seen as going against their principles.

Walsh Slams Buffett's Tax Hikes, Appears On Chicago Tonight Wednesday

Posted 10.31.2011 | Chicago

U.S. Rep. Joe Walsh's (R-Ill.) scheduled appearance on WTTW's "Chicago Tonight" Wednesday will cover the economy, debt and revelations about his perso...

Chicago Board Of Education Approves Property Tax Hike To Offset New Costs

Posted 10.25.2011 | Chicago

Update: The Chicago Teacher's Union rejected Schools chief Jean Claude Brizard's proposal to give teachers a 2 percent raise in exchange for working a...

Elise Foley

GOP Leaders: Don't Raise Taxes To Reduce Deficit

HuffingtonPost.com | Elise Foley | Posted 06.13.2011 | Politics

WASHINGTON -- Less than two hours before a planned speech by the president, top Republicans said they will not support any debt-reduction plan that in...

A Big VAT Lie

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

I speak of the "value-added tax," or "VAT." Republicans are horrified that President Obama has a secret plan to pass this tax, and are shouting from the rooftops (of the nearest Fox News building).

Oregon Tax Hike On Wealthy, Businesses Passed By Voters

AP | TIM FOUGHT | Posted 05.25.2011 | Politics

PORTLAND, Ore. — Oregon has set aside its history of shooting down tax increases on statewide ballots, with voters endorsing higher taxes on bus...

McCain's Social Security Plan Would Cut Benefits To People Who Already Paid For Them

Stephen Herrington | Posted 05.25.2011 | Home
Stephen Herrington

The conventional wisdom is that higher taxes hurt the economy. There is no actual evidence of that. In fact if you plot tax rates against GDP, there is no observable correlation.