tax loopholes

GOP Tax Cuts For Billionaires: Private Plane Edition
Private jet cabin

GOP Tax Cuts For Billionaires: Private Plane Edition

Republicans are describing their effort to change America’s tax laws as “reform,” but their proposals are really just one more giveaway to the top 1%, which gets 80% of the benefits of their plan. Here's one example: subsidizing private jets.
Democrats Stand Up To GOP Financial Loopholes

Democrats Stand Up To GOP Financial Loopholes

The Ed Schultz Show, May 23, 2014. Ed Schultz and David Cay Johnston discuss legislation introduced by Democrats to stop U.S. corporations from exploiting a tax loophole that costs the country millions of dollars a year.

Barrasso: Tax Increases Are Off The Table To Prevent Sequester

It seems Republicans are ready to die on their sword of protecting tax cuts for the rich and are going to do their best to blame President Obama for their unwillingness to negotiate on anything in good faith. They've been wanting to take a pound of flesh from the working class by slashing our social safety nets and it looks like they might use this sequester to finally get their way:

Weekly Address: 'We Can't Just Cut Our Way To Prosperity'

In this week’s address, President Obama called on Congress to work together on a balanced approach to reduce our deficit and promote economic growth and job creation. Our businesses created 2.2 million jobs last year, and we just learned that our economy created more jobs over the last few months than economists originally thought. Our economy is poised to expand in 2013 if Washington politics doesn’t get in the way, and the President called on Congress to work together to keep moving us forward.