Payroll Tax

Uncle Sam has a well-documented need for more tax revenue in the years ahead. And a big reason why is that between them, Presidents Bush and Obama cut taxes by more than the five times the amount of the combined new revenue hikes Obama got in January and is asking for now. Read more...
A new survey suggests that spending, investment and charitable giving by the wealthy has not been hurt by higher taxes. Read more...
As The New York Times suggested last week, the fate of President Obama's Affordable Care Act in general, and its mandate that Americans obtain health insurance in particular, may hinge on Justice Anthony Kennedy's notion of "liberty." While Read more...
For the perpetual tax-cutters of the Republican Party, last week's surrender on the payroll tax cut extension for 160 million working Americans was an especially damaging one. While tried if untrue GOP talking points that "tax cuts pay for Read more...
Yes, he did. Well, they did -- President Obama and the 111th Congress. I had completely forgotten about this, mostly because at the time the right wing was making so much noise about how President Obama broke his campaign promise and raised taxes Read more...

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When President Obama on Tuesday declared that decades of Republican trickle-down economics "never worked," conservatives were predictably apoplectic. But for all of their protests of "class warfare", "socialism" and worse, Obama was being Read more...
A perfect summary of the Grand Old Party’s relationship with the U.S. Constitution comes from Texas Governor Rick Perry at Mike Huckabee’s candidate forum on Fox News last Saturday. Governor Perry claimed as president he could overturn a law Read more...
If nothing else, Herman Cain is a man who is very sure of himself. This week, Cain once again declared God told him to run for President. But on the same day Senate Republicans continued their unprecedented obstructionism by blocking President Read more...