Posts tagged “taxes”

Is this real life?

Mitt Romney told reporters today at a press stop in South Carolina that he pays “probably closer to the 15 percent rate” on taxes. This is way lower than what most middle-class families pay in taxes. Taking into account this cherry-on-top consideration, Greg Sargent of the Washington Post today decided to add up the equation that [...]

Seven Compelling Reasons Why the Wealthy Should be Taxed More (right now)

Obama’s new stimulus package includes components that will supposedly raise taxes on those above 200k, and includes a “Warren Buffett” clause concerning capital gains tax. The merits of the specific plan will have to wait, as we don’t know the specifics yet. However, the debate surrounding the abstract ideas of raising taxes on only the [...]

Getting The Media To Show Up Boehner

President Obama met with the House and Senate leadership of both parties last Tuesday. The conversation turned to the Bush tax cuts: At a meeting with Congressional leaders of both parties, Mr. Obama vowed that Democrats would extend current income tax rates except for the wealthiest taxpayers. But Representative John A. Boehner of Ohio, the [...]