10 Updates

Promise 38: Obama says he won't agree to extending tax cuts for the wealthy

Source: Politifact.com, Nov 28 2012, 10:58am CST

Obama says he won't agree to extending tax cuts for the wealthy Updated: Wednesday, November 28th, 2012 | By Angie Drobnic Holan As far back as 2007, candidate Barack Obama said it was time to raise income taxes on high earners, ...

Continue reading on: Politifact.com

 
 
Update
10

56 minutes ago

Senate GOP leaders propose compromise tax plan

Source: Kansas.com  |   May 21 2013, 4:21pm CDT

TOPEKA — In the latest twist on tax talks, Senate Republicans pitched a compromise plan Tuesday to drop the state’s temporarily elevated sales tax from 6.3 percent to 6.25 percent while dropping income tax rates and phasing out almost all ta ...

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Update
9

59 minutes ago

Nixon mulls future of Missouri tax cut bill

Source: Kansas City Channel  |   May 21 2013, 4:18pm CDT

Some Missouri lawmakers spent Tuesday urging Gov. Jay Nixon to approve a bill that would reduce income taxes. KMBC 9's Micheal Mahoney said the measure, in many respects, is Missouri's answer to tax cuts e ...

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Update
8

24 weeks ago


Quote:
"I would point out that many of these rates for families that make above $250,000 a year revert to the rates that we saw throughout the '90s, when this economy enjoyed fairly robust economic growth."


Source: Politifact.com

 

Latest Politics News

 
Update
7

1 hour ago

Time to abolish the IRS

Source: Milwaukee Journal Sentinel  |   May 21 2013, 3:55pm CDT

Given last week's revelation that the Internal Revenue Service targeted conservative groups seeking tax-exempt status, it's worth recalling President Barack Obama's Ohio State University commencement address. The president de ...

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Update
6

2 hours ago

France's 100% tax rate

Source: FOX Sports  |   May 21 2013, 2:24pm CDT

now why would the soccer players leave france? to avoid the high taxes? if true, that just means they are greedy and dont want to pay "their fair share" proof that even when paying 100%, the govt still thinks its ...

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Update
5

2 hours ago

Apple chief calls for US corporate tax to be cut to single digits

Source: Guardian Unlimited  |   May 21 2013, 2:20pm CDT

Apple has called for US corporate tax rates be reduced to "single digits" after it admitted sheltering at least $30bn (£20bn) of international profits in Irish subsidiaries that pay no tax at all. In a dramatic display of ...

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Update
4

3 hours ago

Obama’s Budget Would Cut Deficit by $1.1 Trillion

Source: Black Enterprise  |   May 21 2013, 1:42pm CDT

Last week was all about crisis management for the White House. But if President Barack Obama and his administration can shift attention back to his agenda, there’s a budget package ready for Congressional consideration. If en ...

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Update
3

3 hours ago

Bartlett: The Bush Tax-Cut Failure

Source: TaxProf Blog  |   May 21 2013, 1:42pm CDT

Ten years ago this month, Congress enacted the third major tax cut of the George W. Bush administration. Its centerpiece was a huge cut in the tax rate on dividends. Historically, they had been taxed as ordinary income, but the Bush plan, enacted ...

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Update
2

3 hours ago

Wichita lawmaker proposes trimming sales tax on food

Source: Kansas.com  |   May 21 2013, 1:38pm CDT

TOPEKA — The sales tax Kansans pay on groceries would fall and the rate they pay on other goods would stay close to the current level instead of dropping as scheduled this summer under a tax plan proposed Tuesd ...

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Update
1

3 hours ago

Oklahoma Tornado 2013: Obama promises full support after 'one of the most destructive' storms in history

Source: Daily Mail - UK  |   May 21 2013, 1:35pm CDT

President Barack Obama pledged urgent government help for Oklahoma Tuesday in the wake of 'one of the most destructive' storms in the nation's history. 'In an instant neighborhoods were destroyed, dozens of people lost their lives, many more ...

Continue reading on: Daily Mail - UK  More like this

 
 
 
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