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By Jabari Asim
$12.47
E.J. Dionne
$22.95
$22
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By David Sirota — With Congress finally starting to have a serious conversation about our revenue crisis, there are obvious reasons to limit the amount of mortgage interest that Americans can deduct from their taxable income.
Posted on Dec 13, 2012
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By Eugene Robinson — Are you as sick of the “fiscal cliff” as I am? Actually, that’s a trick question. You couldn’t possibly be.
Posted on Dec 13, 2012
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A look at the day’s political happenings, including a GOP contender for a top Cabinet post in the Obama administration and why Michigan Republicans should have taken a closer look at the right-to-work legislation they passed.
Posted on Dec 13, 2012
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Christopher Weyant, Cagle Cartoons, The Hill —
Posted on Dec 11, 2012
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Signe Wilkinson —
Posted on Dec 4, 2012
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Office of the Speaker of the House/Bryant Avondoglio
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By Eugene Robinson — How dare he? President Obama, I mean: How dare he do what he promised during the campaign? How dare he insist on a “balanced approach” to fiscal policy that includes a teensy-weensy tax increase for the rich? Oh, the humanity.
Posted on Dec 3, 2012
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A look at the day’s political happenings, including what a new analysis says about your tax rates today, the Kennedy Center Honors for 2012 will be awarded and Nate Silver responds to Politico’s criticism.
Posted on Dec 2, 2012
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Christopher Weyant, Cagle Cartoons, The Hill —
Posted on Nov 30, 2012
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White House / Pete Souza
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By Robert Reich — By signaling its willingness not to raise top rates as high as they were under President Clinton and to cut some $400 billion from projected increases in Medicare and other entitlement spending, the White House has ceded important ground.
Posted on Nov 29, 2012
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By E.J. Dionne, Jr. — Pretending that Norquist is more powerful than he is allows Republicans to win acclaim they haven’t earned yet.
Posted on Nov 29, 2012
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By Robert Reich — What’s the best way to pressure Republicans into agreeing to extend the Bush tax cuts for the middle class while ending them for the wealthy?
Posted on Nov 28, 2012
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A look at the day’s political happenings, including the entitlement program top Senate Democrats say is not on the “fiscal cliff” chopping block, and a former Republican senator has some harsh words for anti-tax advocate Grover Norquist.
Posted on Nov 27, 2012
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401(K) 2012 (CC-BY-SA)
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By Eugene Robinson — We’re seeing the first signs in years that on the question of taxation—one of the fundamental responsibilities of government—the GOP may be starting to recover its senses.
Posted on Nov 26, 2012
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A look at the day’s political happenings, including another legal challenge to President Obama’s health care law and billionaire Warren Buffet discusses what Congress should do about taxing the wealthy.
Posted on Nov 26, 2012
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Flickr / renfield
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The good news for parents to be in Michigan: Republican state lawmakers want to give a tax credit for fetuses beginning at 12 weeks’ gestation. The bad news: Last year, the state eliminated tax cuts for children who were already born.
Posted on Nov 26, 2012
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By Robert Reich — The best way to generate jobs and growth is for the government to spend more, not less. And for taxes to stay low – or become even lower – for the middle class.
Posted on Nov 19, 2012
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RJ Matson, Cagle Cartoons, Roll Call —
Posted on Nov 18, 2012
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AP/Sandy Huffaker
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By Robert Scheer — The big news from the last election is that California, home to 12 percent of Americans and the world’s eighth-largest economy, is a model of rational political thought.
Posted on Nov 16, 2012
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Flickr/TexasGOPVote.com
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Ralph Nader —
Congress is still talking about a “Grand Bargain” that “balances” far more spending cuts than tax increases. That is another way of saying that you – the consumer of Medicare and Medicaid services, the recipient of Social Security, and the average taxpayer — will take the brunt of the spending cuts.
Posted on Nov 14, 2012
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Pete Souza/The White House
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By Robert Reich — The president says he wants $1.6 trillion in tax hikes. Republicans say they won’t raise tax rates but might be willing to close some loopholes and limit some deductions and tax credits. Is compromise in the air?
Posted on Nov 14, 2012
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The Weekly Standard editor is breaking with the Republican Party on the issue of taxes, telling “Fox News Sunday” that the GOP shouldn’t “fall on its sword” defending against a tax increase for millionaires.
Posted on Nov 12, 2012
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Pete Souza/The White House
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By Robert Reich — Assuming the goal is $4 trillion of deficit reduction over the next decade (that’s the consensus of the Simpson-Bowles commission, the Congressional Budget Office, and most independent analysts), here’s what the President should propose.
Posted on Nov 12, 2012
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By Robert Reich — The game of chicken isn’t about how much or when we cut the budget deficit. Or even whether the upcoming “fiscal cliff” poses a danger to the economy.
Posted on Nov 10, 2012
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Pete Souza/The White House
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By Robert Reich — When the applause among Democrats and recriminations among Republicans begin to quiet down the president will have to make some big decisions. The biggest is on the economy.
Posted on Nov 7, 2012
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Flickr/Scout Tufankjian, Obama for America
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By Robert Reich — As we go into the final days of a dismal presidential campaign where too many issues have been fudged or eluded, the biggest issue on which the candidates have given us the clearest choice is whether the rich should pay more in taxes.
Posted on Oct 29, 2012
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kenteegardin (CC BY-SA 2.0)
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An article by author and economist Jeff Madrick in the November issue of Harper’s Magazine offers an antidote to the view that social spending—not anemic tax revenues—is the cause of America’s deficit problem, and argues that such policies are adopted only out of “political deference to the rich and powerful.”
Posted on Oct 23, 2012
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AP/David Goldman
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By Bill Boyarsky — President Obama may have saved his campaign, but it’s still not clear after Tuesday night’s debate what he would do with a second term.
Posted on Oct 16, 2012
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Advisers to the president had promised that Barack Obama would be more aggressive and passionate in the second debate against Mitt Romney than he had been in the first. And he was. By miles.
Posted on Oct 16, 2012
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White House/Pete Souza
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By The Rev. Madison Shockley — My family survived the Great Recession because of the policies of the Obama administration. I suspect we were not alone in benefiting from one or another of the various relief programs.
Posted on Oct 15, 2012
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AP/Charlie Neibergall
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By Bill Boyarsky — It’s not surprising that in Thursday’s vice presidential debate Paul Ryan didn’t mention the millions of working poor who would suffer should he and Mitt Romney win in November, but I expected more from Joe Biden.
Posted on Oct 11, 2012
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By David Sirota — When it comes to tax policy, Mitt Romney is not merely a spinner, an equivocator or a run-of-the-mill dissembler. He’s a liar.
Posted on Oct 11, 2012
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ilovememphis (CC BY-ND 2.0)
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Republican legislators called an emergency meeting to hold President Obama accountable for the lax embassy security that they claim led to the killing of Ambassador Chris Stevens and three other Americans in Libya last month. But the GOP itself has cut funding to protect diplomats around the world.
Posted on Oct 11, 2012
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A look at the day’s political happenings, including Mitt Romney apologizing to nearly half of America, Justice Scalia weighing in on abortion and gay rights, and the horrendous thing Rick Santorum wants to do to Big Bird.
Posted on Oct 5, 2012
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By E.J. Dionne, Jr. — The strangest aspect of Wednesday night’s debate was Mitt Romney’s decision to change his tax policies on the fly.
Posted on Oct 4, 2012
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A look at the day’s political happenings, including Romney tax double-speak, a shift in strategy for the Obama campaign and Al Gore’s latest “theory.”
Posted on Oct 4, 2012
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Screenshot
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By Robert Reich — In Wednesday night’s debate, Romney won on style while Obama won on substance. Romney sounded as if he had conviction, which means he’s either convinced himself that the lies he tells are true or he’s a fabulous actor.
Posted on Oct 4, 2012
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AP/David Goldman
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By Bill Boyarsky — Massachusetts Mitt is back. The right-winger of the Republican primaries is gone. And the mainstream media couldn’t be happier.
Posted on Oct 3, 2012
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salady (CC BY 2.0)
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By Alexander Reed Kelly — A bold experiment is under way in the world’s fifth-largest economy: French President Francois Hollande has announced his intent to tax the rich. What happens next could deliver a blow to one of global capitalism’s most persistent myths.
Posted on Oct 2, 2012
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Country Bumpkin Cakes (CC BY 2.0)
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French President Francois Hollande announced a $47 billion economic recovery plan Friday that will raise more than $25 billion from tax increases with the help of a 75 percent “supertax” on incomes of more than $1.3 million a year.
Posted on Sep 29, 2012
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