“I want them too.” That was Donald Trump’s pithy response last December to Fox News personality Brian Kilmeade’s question regarding Trump’s position on whether or not to extend the Bush-era tax cuts for people earning more than $20…
Tag: Tax
Many have described my 1984 presidential campaign promise to raise taxes as exemplifying the folly of proposing tax hikes during an election. Although the rebounding economy and improving job picture that year probably had more to do with Pr…
Republicans are feuding over whether to abandon the party’s long-held opposition to higher taxes in pursuit of a deficit-cutting deal with Democrats.Read More…
More on Republicans
WASHINGTON — With his striking choice of words, President Barack Obama clearly outlined the greatest perils for Republicans – and for Democrats – in the nation’s high-stakes debate over spending and social programs.Obama us…
WASHINGTON — Leading congressional Republicans renewed their vehement opposition to tax increases Wednesday, as President Barack Obama prepared to put forth his new prescription for slow growth and national indebtedness.”Most people underst…
WASHINGTON — Higher taxes have been missing from the fierce budget battle that nearly shut down the federal government. But President Barack Obama is about to put them on the table – at least a modest version that he had pushed b…
Reporting from Riverside — Gov. Jerry Brown kicked off a two-day swing through heavily Republican areas Friday to sell Californians on his plan for more taxes, telling teachers and community leaders that without the levies they would be hit…
For the well-off, this could be the best tax day since the early 1930s: Top tax rates on ordinary income, dividends, estates, and gifts will remain at or near historically low levels for at least the next two years. That’s thanks in part to …
SAN FRANCISCO — In the shadow of San Francisco’s stately City Hall, sidewalks abound with transients, drugs and crime. Into this neighborhood, one of the world’s hottest social media companies has promised to stride, offering urban rebirth …
Leaders in Springfield appear poised to push for a temporary income tax increase of 2.25 percentage points, in order to help offset the state’s massive deficit.Last night, the Chicago Sun-Times reported that Governor Pat Quinn, Senate Majori…
The various calls to revamp the nation’s highly complex tax code were joined by a significant new voice on Wednesday — the I.R.S.’s own taxpayer advocate, who urged that the system be rewritten for the first time in a generation.Read More…..
It’s the very end of the year and you’re probably inundated with requests for last minute charitable giving for tax breaks. I thought I’d throw out some organizations that work hard for moms and babies. While some of these are straight donation s…
Gov.-elect Jerry Brown is laying the groundwork for a budget plan that would couple deep cuts to state services, including university systems and welfare programs, with a request that voters extend temporary tax hikes on vehicles, income and…
