Displaying 1 - 10 out of 33 Articles for the Category: business and economy

Business and Economy Articles

Article:	A Mandate for Spreading the Wealth	View Article
Published:	11/6/2008 by Common Dreams	View Comments (0)
Submitted by:	Picka 58 days ago	Add Comment
Categories:	Business and Economy & Taxes

Article Details: "The top 1% of households received 22.9% of all pre-tax income in 2006, more than double what that figure was in the 1970s," the Working Group on Extreme Inequality reports. "This is the greatest concentration of income since 1928." And: "Between 1979 and 2006, the top 5% of American families saw their real incomes increase 87%. Over the same period, the lowest-income fifth saw zero increase in real income." In the 2008 tax year, households in the bottom 20% will receive $26 due to the Bush tax

Article:	McClellan Endorses Obama	View Article
Published:	10/23/2008 by Huffington Post	View Comments (0)
Submitted by:	Picka 73 days ago	Add Comment
Categories:	Business and Economy & US Elections

Article Details: Scott McClellan, President Bush's former press secretary, says he is backing Barack Obama for president. McClellan made the endorsement during a taping of Comedian D.L. Hughley's new show that is premiering on CNN this weekend. The former Bush administration official said he wanted to support the candidate that has the best chance for changing the way Washington works and getting things done.

Article:	Examining the candidates	View Article
Published:	10/2/2008 by The Economist	View Comments (0)
Submitted by:	Picka 91 days ago	Add Comment
Categories:	Business and Economy & US Elections

Article Details: AS THE financial crisis pushes the economy back to the top of voters’ concerns, Barack Obama is starting to open up a clear lead over John McCain in the opinion polls. But among those who study economics for a living, Mr Obama’s lead is much more commanding. A survey of academic economists by The Economist finds the majority—at times by overwhelming margins—believe Mr Obama has the superior economic plan, a firmer grasp of economics and will appoint better economic advisers.

Article:	McCain Loses His Head	View Article
Published:	9/23/2008 by Washington Post - George Will	View Comments (1)
Submitted by:	Picka 104 days ago	Add Comment
Categories:	Business and Economy & US Elections

Article Details: Under the pressure of the financial crisis, one presidential candidate is behaving like a flustered rookie playing in a league too high. It is not Barack Obama. Channeling his inner Queen of Hearts, John McCain furiously, and apparently without even looking around at facts, said Chris Cox, chairman of the Securities and Exchange Commission, should be decapitated.

Article:	The Dirty Secret of the Bailout: Thirty Two Words that None Dare Utter	View Article
Published:	9/22/2008 by Huffington Post	View Comments (0)
Submitted by:	Picka 105 days ago	Add Comment
Category:	Business and Economy

Article Details: ...a single sentence of thirty-two words represents a significant consolidation of power and an abdication of oversight authority that's so flat-out astounding that it ought to set one's hair on fire. It reads: "Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."

Article:	Fiorina: Palin doesn't have experience to run a major company.	View Article
Published:	9/16/2008 by Huffington Post	View Comments (0)
Submitted by:	Picka 108 days ago	Add Comment
Categories:	Government and Elections & Business and Economy

Article Details: Carly Fiorina, a key surrogate for John McCain on economic issues, said on Tuesday that Sarah Palin does not have the experience needed to run a major company like the one that Fiorina formerly headed. "Do you think [Sarah Palin] has the experience to run a major company, like Hewlett Packard?" asked the host. "No, I don't," responded Fiorina. "But you know what? That's not what she's running for."

Article:	Obama to Stop Tax Benefits if Jobs are Shipped Overseas	View Article
Published:	9/2/2008 by The Business Edition	View Comments (1)
Submitted by:	Picka 120 days ago	Add Comment
Categories:	Business and Economy & Taxes

Article Details: Democrat presidential nominee Sen. Obama has threatened to stop tax breaks for US companies that outsource jobs to foreign destinations. This stand forms a major plank of his economic policy which is committed to keeping jobs within the country in order to prevent further lay offs in a stagnant economy.

Article:	Updated Analysis of the 2008 Presidential Candidates’ Tax Plans	View Article
Published:	8/28/2008 by Tax Policy Center	View Comments (0)
Submitted by:	Picka 128 days ago	Add Comment
Categories:	Business and Economy & Taxes

Article Details: Both John McCain and Barack Obama have proposed tax plans that would substantially increase the national debt over the next ten years, according to a newly updated analysis by the non-partisan Tax Policy Center. Both candidates prefer to compare their plans to the “current policy” baseline, which would extend the 2001 and 2003 tax cuts and indefinitely extend an indexed AMT “patch”—and collect nearly $3.6 trillion less than under current law over the coming decade. Against that baseline, Obama w

Article:	McCain and Obama tax plans diverge on wealth	View Article
Published:	8/21/2008 by L. A. Times	View Comments (0)
Submitted by:	Picka 126 days ago	Add Comment
Categories:	Business and Economy & Taxes

Article Details: The sharpening rhetoric between John McCain and Barack Obama over their competing plans to overhaul the nation's tax system has underscored one of the most profound differences between them -- how they would target America's wealthiest taxpayers. Under McCain, the rich would see their tax burden ease. Under Obama, their rates would rise dramatically.

Article:	Obama ad focuses on tax cuts	View Article
Published:	8/20/2008 by Boston Globe	View Comments (0)
Submitted by:	Picka 126 days ago	Add Comment
Categories:	Business and Economy & Taxes

Article Details: The spot highlights independent analyses that Obama's tax cut plan would mean that three times more in savings for the middle class than McCain. Obama proposes a $1,000 tax break that would benefit 95 percent of workers, and says he would let Bush's tax cuts lapse only for families making more than $250,000 a year.