Displaying 1 - 10 out of 25 Articles for the Category: taxes

Taxes Articles

Article:	A Mandate for Spreading the Wealth	View Article
Published:	11/6/2008 by Common Dreams	View Comments (0)
Submitted by:	Picka 11 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:	Obama's Redistribution 'Bombshell'	View Article
Published:	10/27/2008 by Washington Post	View Comments (0)
Submitted by:	Picka 22 days ago	Add Comment
Categories:	Government and Elections & Taxes

Article Details: Obama says pretty much the opposite of what the McCain camp says he said. Contrary to the spin put on his remarks by McCain economics adviser Douglas Holtz-Eakin, he does not express "regret" that the Supreme Court has not been more "radical." Nor does he describe the Court's refusal to take up economic redistribution questions as a "tragedy." He uses the word "tragedy" to refer not to the Supreme Court, but to the civil rights movement:

Article:	McCain Secretly Plans New Tax on Middle Class	View Article
Published:	9/16/2008 by The Hill's Congress Blog	View Comments (0)
Submitted by:	Picka 60 days ago	Add Comment
Categories:	US Elections & Taxes

Article Details: John McCain is proposing a brand new tax on the middle class that has gotten little attention. McCain intends to tax workers for the value of health insurance that they receive from their employers. This shocking tax increase would cost the average American worker an additional $110 a month in taxes, and would affect the 158 million Americans who are insured through their employer.

Article:	McCain-Endorser Greenspan Does Not Endorse His Tax Cuts	View Article
Published:	9/13/2008 by ABC News	View Comments (0)
Submitted by:	Picka 59 days ago	Add Comment
Categories:	US Elections & Taxes

Article Details: Alan Greenspan today told Bloomberg's Al Hunt that he cannot get behind McCain's proposed $3.3 billion in tax cuts, saying "unless we cut spending" the nation cannot afford cuts that big. "Unless it's paid for on the so-called pay-go, I'm not in favor of it," Greenspan said. "I'm not in favor of financing tax cuts with borrowed money.''

Article:	Palin Pipeline--"Privatize the Profit; Socialize the Cost"	View Article
Published:	9/8/2008 by Democracy for New Hampshire	View Comments (0)
Submitted by:	Picka 66 days ago	Add Comment
Categories:	Energy & Taxes

Article Details: The Palin Pipeline finally hits the sweet spot—it will maximize profits and dump the risks. Under the Palin Pipeline plan, American taxpayers are the "easy marks" of the scam. At the heart of the Palin Pipeline is the concept that the US Federal Government should shoulder all the financial risks—in fact, without massive Federal aid and loan guarantees, the pipeline will never be built. Perhaps, this is why Palin is on the ticket.

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 73 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 80 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 79 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 79 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.

Article:	Obama Rapid Response to McCain "millions" ad	View Article
Published:	8/20/2008 by Chicago Sun Times	View Comments (0)
Submitted by:	Picka 80 days ago	Add Comment
Categories:	Business and Economy & Taxes

Article Details: "Yet again, John McCain makes another false, low-road attack while he's offering just more of the same Bush economics that have failed us for eight years. The choice is simple: Barack Obama will give a real tax cut up to $1,000 to 95% of working Americans, while John McCain will follow in Bush's footsteps, adding to the deficit with huge tax breaks for oil companies and other special interests. No matter how many false negative ads John McCain runs, Americans can't afford more of the same Bush p