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By Dan Baum
$17.16
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Edited by Hunter Davies
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eflon (CC BY 2.0)
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The president gave wealthy Americans “a most generous reduction in their estate taxes” while telling Social Security beneficiaries “to live with smaller benefit checks,” William Greider writes in The Nation.
Posted on Apr 27, 2013
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Flickr/Tax Credits
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One thing to remember on Tax Day 2013: It’s good to be a wealthy citizen in the United States. Thanks to tax breaks aimed specifically at those who make boatloads of money, the average rich person takes in an additional $250,000 in income each year. The rest of us? Not so fortunate.
Posted on Apr 15, 2013
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whitehouse.gov
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In Internet-ese, one possible response to a couple of President Obama’s more intriguing justifications on Friday for the passing of the contentious tax-cut bill might be O RLY? This is because the president declared later that same day ...
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White House / Pete Souza
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Based on what The New York Times describes as President Obama’s “substantial concessions to Republicans,” Democrats in Congress have reason to fret. Not only did Obama agree to extend the Bush tax cuts for the wealthy, but he caved in to Republican demands to neuter the estate tax. ... (more)
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By Ruth Marcus — George Steinbrenner’s well-timed death—though I suspect he may not have seen it that way—points up the insanity of the current estate tax situation.
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AP / Susan Walsh
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Someone might want to call President Barack Obama’s attention to the main message of Paul Krugman’s latest Op-Ed column in The New York Times: This whole bipartisanship idea isn’t going to catch on in Congress. Krugman takes the recent example of the bill-blockading gymnastics of Sen. Jim Bunning (pictured above), along with ... (continued)
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Quelle Surprise! Haiti on the Mend
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