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Tax Hikes

Antonin Scalia Suggests a 'Revolt' Against the Government in Response to Tax Hikes

Bob Cesca | Posted 06.23.2014 | Politics
Bob Cesca

It's not 100 percent clear the extent to which Supreme Court Justice Antonin Scalia meant what it sounded like he meant, but tossing around the word "revolt" in the context of a discussion of the U.S. government is never a smart nor rational idea.

When Tax Reform Means Soaking the Rich

Joseph J. Thorndike | Posted 07.07.2013 | Politics
Joseph J. Thorndike

Tax reform has evolved into one of the emptier platitudes of U.S. politics. Politicians support "tax reform" in the same way that they support "a strong national defense," "fiscal responsibility," and "pro-growth economic policies." It's a brave statement in search of a challenge. Is anyone ever against tax reform?

Companies' Love-Hate Relationship With Payroll Tax Hike

AP | By DANIEL WAGNER | Posted 05.02.2013 | Business

WASHINGTON (AP) — Companies are rushing to describe the impact of higher Social Security taxes that took effect in January. They paint a bleak pictu...

This Country To Raise Taxes On Its Super Rich

Reuters | Posted 04.30.2013 | Business

* Chidambaram announces higher-than-expected spending for 2013/14 * Fiscal deficit to hit 5.2 pct of GDP in current year; 4.8 pct in ...

Americans Down Over Tax Hike

AP | MARTIN CRUTSINGER | Posted 03.31.2013 | Business

WASHINGTON — An increase in Social Security taxes is leaving Americans with less take-home pay – and a more negative outlook for the U.S. ...

Peggy Noonan and the Beleaguered 1 Percent

Joseph J. Thorndike | Posted 03.13.2013 | Politics
Joseph J. Thorndike

What irritates me is the extent to which Noonan is still out of touch with reality when it comes to the Republican brand. As long as Republicans can't see that people making $400,000 a year are actually rich, they will have a hard time building a new constituency for their party.

White House's Surprising Fiscal Cliff Move Revealed

Reuters | Posted 03.10.2013 | Business

* Obama administration insisted on tax breaks, McConnell aide says * White House says Obama backed wind energy, R&D ta...

Sam Stein

Mitch McConnell: 'The Tax Issue Is Finished'

HuffingtonPost.com | Sam Stein | Posted 01.06.2013 | Politics

WASHINGTON -- There will be no more increases in tax revenues as part of any debt or deficit-reduction deal, Senate Minority Leader Mitch McConnell (...

IMF Experts Admit They Were Wrong About Austerity

Reuters | Posted 03.05.2013 | Business

By Anna Yukhananov WASHINGTON, Jan 3 (Reuters) - Belt-tightening in advanced economies may not be as harmful to growth now as it was d...

Taxes and Prosperity

Robert Slayton | Posted 01.23.2014 | Politics
Robert Slayton

It is long past time for the Grand Old Party to develop economic ideas that eschew easy formulas, and instead offer prescriptions for success in the real world.

The Real Losers In The Fiscal Cliff Deal

Slate | Matthew Yglesias | Posted 01.23.2014 | Business

Senate Democrats and Republicans reached a deal to undo the majority of the so-called “fiscal cliff” by extending most of the Bush tax cuts wh...

Report: Harry Reid Disliked Cliff Deal, Threw Obama Proposal Into Burning Fire

Politico | John Bresnahan, Carrie Budoff Brown, Manu Raju And Jake Sherman | Posted 01.02.2013 | Politics

House Speaker John Boehner couldn’t hold back when he spotted Senate Majority Leader Harry Reid in the White House lobby last Friday. It was only...

Sam Stein

Fiscal Cliff Deal Would Raise $715 Billion

HuffingtonPost.com | Sam Stein | Posted 12.31.2012 | Politics

WASHINGTON -- The preliminary fiscal cliff deal being negotiated by Senate Minority Leader Mitch McConnell (R-Ky.) and Vice President Joe Biden would ...

House Republicans Resigned To Seeing Tax Increases In Fiscal Deal

Reuters | Posted 02.26.2013 | Politics

* Fears that an absence of spending cuts could doom deal * House Republicans decide to return, but little else By Richar...

5 States With The Most On The Line In Fiscal Cliff Debates

Forbes | Joel Kotkin | Posted 12.22.2012 | Business

From Forbes: With their enthusiastic backing of President Obama and the Democratic Party on Election Day, the bluest parts of America may have embrace...

Polls Show Sharp Turn by Registered Voters, Against Republicans, Concerning Taxes

Eric Zuesse | Posted 02.20.2013 | Politics
Eric Zuesse

There has been a vast and important change of mind among the electorate, regarding the issue of taxes. On 13 July 2012, McClatchy Newspapers headline...

Why Don't Heartland Republicans Want to Tax New York and LA?

David Callahan | Posted 02.20.2013 | Politics
David Callahan

The debate on taxes seemingly defies the logic of pluralist politics. Why? Because many of the Republican House members most vehemently opposed to hiking taxes on the rich hail from districts with virtually no rich people.

The Koch Brothers Would Like To Wish You A 'Merry Taxmas'

The Huffington Post | Harry Bradford | Posted 12.19.2012 | Business

The holiday season is a time for giving. It's also apparently a time to make demands about fiscal policy and then spread them around to all your frien...

LOOK: 7 Ways The Bush Tax Cuts Wrecked The Economy

The Huffington Post | Harry Bradford | Posted 12.17.2012 | Business

A decade later, America still can't figure out what to do with the Bush-era tax cuts. The cuts, initially enacted in 2001 and 2003, and then exten...

It's Happening Already: Tax Hikes For Millions

AP | STEPHEN OHLEMACHER | Posted 12.17.2012 | Business

WASHINGTON -- While much of Washington is consumed by the debate over tax increases scheduled to take effect next year, big tax hikes have already gon...

Republicans Want To Move Beyond Tax Rate Fight

Reuters | Posted 02.08.2013 | Politics

WASHINGTON, Dec 9 (Reuters) - Conservatives have no choice but to give into White House demands on higher tax rates for the wealthy, if the fiscal d...

Obama Makes Case For Tax Hikes

Posted 12.05.2012 | Politics

President Barack Obama spoke to business leaders at the quarterly meeting of the Business Roundtable in Washington on Wednesday, arguing for tax hikes...

Sam Stein

Republicans Put Fiscal Cliff Offer On The Table

HuffingtonPost.com | Sam Stein | Posted 12.03.2012 | Politics

WASHINGTON -- House Republicans on Monday introduced a counter-offer to President Barack Obama's proposed solution to the so-called fiscal cliff, trum...

Oracle CEO Larry Ellison To Receive $198 Million Check Thanks To Fiscal Cliff

AP | By SARAH SKIDMORE | Posted 02.02.2013 | Business

PORTLAND, Ore. (AP) — Oracle Corp. will pay three of next year's quarterly dividends this year in an apparent attempt to avoid possible tax hikes fo...

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...