Tag: Tax Plan
Obama stands tough, Beltway freaks out
Whenever President Obama is infuriating Republicans and upsetting Washington, D.C. pundits, he is doing something right. And progressives should be thrilled with the spine the President continues to show on the Bush era tax cuts.(For more on the fiscal cliff negotiations check out David’s discussion with Charlie Mitchell, #TAN Editor-in-Chief, in the first half hour of last week’s radio show here or continue on.)
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Get ready for the lame-duck session of Congress
The 112th Congress reconvenes Nov. 13 with nothing less than the fate of the U.S. economy on the line.
In play in November and December: the expiring Bush tax cuts, an expanding alternative minimum tax poised to capture more and more middle class taxpayers, the expiring payroll tax cut that has been a boon to middle class households during the recession, cuts in physician reimbursements under Medicare, and the looming budget “sequestration,” which will automatically cut just under $50 billion in federal spending beginning in January and $500 billion over 10 years.
Romney wins battle of the optics, side-steps to the middle
Republican nominee Mitt Romney was proclaimed the winner of the Oct. 3 presidential debate by wide swaths of the media, while President Obama’s performance was criticized by his own allies. On a policy level, however, Romney’s comments on Medicare, health care in general and taxes appeared to represent a significant shift to the center – and away from the alliance he’s tried to nurture with the tea party movement. This, more than Obama’s downcast demeanor, is likely to carry real implications for the rest of the presidential contest.
Who built a better tax plan: Obama, Romney or House Republicans?
Tax reform is in the air: President Obama is pushing for a new tax on millionaires






