iOS app Android app

Tax Increases

Why Not Let the Bush Tax Cuts Expire on Everyone?

Byron Williams | Posted 01.21.2013 | Politics
Byron Williams

With the expiration date on the two wars in sight, why not let all of the Bush-era tax cuts expire, so that everyone has skin in the game? Let us simply go back to paying the rates during the Clinton era -- everyone.

Rob Portman Says Democrat Position On Tax Rates Based On 'Dogma'

The Huffington Post | Jon Ward | Posted 11.21.2012 | Politics

WASHINGTON -- A senior Republican senator on Tuesday accused House Minority Leader Nancy Pelosi -- and President Obama by extension -- of basing their...

Not Everyone Who Makes $250,000 a Year Is Rich: Why the Cost of Living Matters

Menachem Rosensaft | Posted 01.19.2013 | Politics
Menachem Rosensaft

The inherent problem with allowing the Bush-era tax cuts expire for Americans earning more than $250,000 a year -- let's call them $250k+ Americans -- is that not all $250k+ Americans are created equal.

A Mandate -- For What?

Mary L. G. Theroux | Posted 01.15.2013 | Politics
Mary L. G. Theroux

President Obama claimed that his re-election gave him a mandate to increase taxes on those earning more than $250,000 a year because "the majority of Americans agree with my approach." But how can he know?

Fiscal Myth

Christopher Bergin | Posted 09.14.2012 | Politics
Christopher Bergin

Just when I think that our politicians can't act any more irresponsibly, they up the ante. And this one is a doozie. Republican House Speaker John Boe...

New Jersey Republican Open To Tax Hikes

The Huffington Post | John Celock | Posted 08.16.2012 | Politics

A Republican U.S. Senate candidate with close ties to Mitt Romney and New Jersey Gov. Chris Christie said that he's open to raising taxes on the rich....

Mayor Hancock's Permanent Property Tax Increase the Wrong Way to Solve Denver's Spending Problem

Mike Krause | Posted 10.07.2012 | Denver
Mike Krause

Denver is recovering some housing value, and property tax revenue will rise along with the housing market. But the mayor's new money grab could jeopardize an already shaky local economy.

Cliff Diving

Bill Schneider | Posted 10.03.2012 | Politics
Bill Schneider

"Jump! Run for your lives! We're about to go over the fiscal cliff!" That just about sums up the message coming out of Washington these days. Is there reason to panic? Not really.

Geithner: Congress Could Do 'A Lot Of Damage' To The Economy By Not Acting

Reuters | Posted 09.22.2012 | Business

WASHINGTON, July 23 (Reuters) - A wave of tax increases and billions of dollars in automatic spending cuts would cause "a lot of damage" to the frag...

Small Firms Plan To Hire Fewer Workers This Year

Reuters | Posted 07.02.2012 | Small Business

(Reuters) - Small businesses have lowered their hiring expectations as their confidence in the economy has fallen into another mid-year slump, a new s...

Greg Rosalsky

John McCain Supports Revenue Increases To Prevent Spending Cuts | Greg Rosalsky | Posted 06.23.2012 | Politics

WASHINGTON -- Sen. John McCain (R-Ariz.) said Thursday he is open to "revenue increases" to help balance the federal budget and avert the massive auto...

Dem Senator Challenges GOP

AP | DONNA CASSATA | Posted 08.12.2012 | Politics

WASHINGTON — Republicans determined to spare the military from devastating across-the-board spending cuts – presidential candidate Mitt Ro...

GOP Wrong On Looming Problem

AP | STEPHEN OHLEMACHER | Posted 08.11.2012 | Politics

WASHINGTON — Republicans are calling it "Taxmageddon," the big tax increase awaiting nearly every American family at the end of the year, when a...

The Afghanistan Killings: Time for Self-Reflection

Rajan Menon | Posted 05.22.2012 | World
Rajan Menon

It's easy to express outrage and sadness over the Panjwai killings and to debate their cause. What's harder to do, but what we should do, is to reflect on ourselves in the light of what occurred.

Zach Carter

CEOs Embrace Tax Hike Plans Rejected By Paul Ryan | 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...

Raising Taxes On Our Nation's Most Vulnerable Children?

Bruce Lesley | Posted 04.01.2012 | Politics
Bruce Lesley

The Child Tax Credit was designed to help working parents manage the high costs of raising children. And it does just that, partially offsetting payroll taxes for parents to make it easier for them to meet their family's basic needs.

IMF Predicts European Recession, Slow U.S. Growth

AP | CHRISTOPHER S. RUGABER | Posted 03.25.2012 | Business

WASHINGTON — Global leaders are sharply at odds over how to rescue Europe from its escalating debt crisis: Should they focus more urgently on ec...

The Failure of the Super Committee and the Dismal Future for Congress

Lincoln Mitchell | Posted 01.30.2012 | Politics
Lincoln Mitchell

The super committee, in addition to being a gimmick, was a way for congressional leadership and the White House to put off the decisions that were forced upon them by the debt ceiling debate.

Indianapolis' Retail Solution To Ending Homelessness

Posted 11.17.2011 | Impact

An Indianapolis coalition helped slash the number of homeless people in half since 2002, but is determined to wipe the problem out altogether with its...

What Happened to the Republican Party on Taxes?

Jared Bernstein | Posted 12.20.2011 | Politics
Jared Bernstein

The Republican Party may revere Ronald Reagan, but they definitely wouldn't recognize each other if they met at a tax policy conference today. Nor would the gipper last for long on the Republicans side of the deficit-reduction super committee.

Zach Carter

Small-Business Owners Don't Like Ryan's Tax Math | Zach Carter | Posted 12.12.2011 | Politics

WASHINGTON -- Joseph Rotella is president and owner of the Spencer Organ Co., a small business with 10 employees that specializes in rehabilitating pi...

Majority Of Wealthy Support Tax Increases On Millionaires: Poll

Posted 12.04.2011 | Business

WASHINGTON (Reuters) - Less than a quarter of wealthy Americans support raising taxes on households making $250,000 or more a year, the level bein...

Do Taxes Narrow the Wealth Gap?

New York Times | Posted 11.20.2011 | Business

What role, if any, does tax policy play in creating a wealth gap in the United States? ...

Mark Cuban: The 'Most Patriotic Thing' The Rich Can Do Is Pay 'Lots Of Taxes'

The Huffington Post | Posted 11.19.2011 | Politics

Mark Cuban, owner of the Dallas Mavericks, said wealthy Americans should pay "lots of taxes" in a post on his blog on Monday. Titled "The Most Patr...

Ryan Grim

Paul Ryan, Herman Cain Push For Tax Hikes On Middle Class | Ryan Grim | Posted 11.18.2011 | Politics

WASHINGTON -- Rep. Paul Ryan (R-Wis.) said on Sunday that House Republicans would oppose President Barack Obama's payroll tax cuts for both employers ...