2012 Elections

GOP Leaders Take on Far Right Pressure Groups

By Eric Pianin

There have been plenty of theories about why Senate Minority Leader Mitch McConnell (R-KY) strode onstage at a conservative gathering late last week carrying a rifle. Ostensibly, McConnell, the 72-...
Some CEOs Are Still Cashing In at Our Expense

By Josh Boak, The Fiscal Times

Many of the highest paid CEOs might be ripping off stockholders and taxpayers, according to a study released Wednesday by the progressive Institute for Policy Studies.
Tax Reform Could Be Easier Than Congress Thinks

By Yuval Rosenberg

The conservative-leaning Tax Foundation issued a press release Monday touting some “good news for tax reformers”: An analysis by experts at the foundation found that a plan to dramatically simplify...
‘The Daily Show’ Explains Why Our ‘Chicken$#!&’ Congress Hasn’t Reformed the Tax Code

By Yuval Rosenberg

Congress may be out on its month-long August recess, but that doesn’t mean “The Daily Show” stops its skewering. Last night, host John Oliver took on our broken tax code – and used the issue to take...
How 21 Major Corporations Dodged $93B in Taxes

By Eric Pianin and Josh Boak

Twenty-one of the top 100 publicly traded U.S. corporations – including such big names as Goldman Sachs, Apple and Walt Disney – have avoided paying $93 billion a year in federal taxes by parking...

Obama’s Bargain: Lower Rates for Higher Spending

By Eric Pianin

President Obama intends to make one last pitch for a “grand bargain” of new spending and tax policy on Tuesday that will attempt to marry corporate tax reform with funding for jobs to benefit the...
Ominous Signs for the GOP in 2014

By Bruce Bartlett, The Fiscal Times

The conventional wisdom is that Republicans are in good shape going into next year’s congressional elections. Gerrymandering and the enormous benefits of incumbency virtually guarantee them continued...
Trading Tax Write-Offs for Real Growth

By Andrew Fieldhouse, The Fiscal Times

Overhauling the tax code is a wonky fixation of the D.C. policymaking elite, for good reason — it’s an area loaded with policy nuance, lobbying intrigue and major ramifications for long-term fiscal...
IRS Scandal: How the Brouhaha Went Bust

By Peter Weber, TheWeek.com

Rep. Darrell Issa is still banging the scandal drum. Is anyone listening anymore?
Beer, Burgers, and a Two-Man Blitz on Tax Reform

By Josh Boak, The Fiscal Times

Sen. Max Baucus (D-MT) and Rep. Dave Camp (R-MI) are keeping hope alive that the tax code can be rewritten. Both peg the odds of successful reform at more than 50 percent, according to a joint lunch...

How Obama and Biden Buried the Middle Class

By Edward Morrissey

Michael Kinsley once defined “gaffe” as the accidental telling of a political truth. That definition aptly describes the jaw-dropping admission from Joe Biden on the campaign trail this week...
Live: Debate the Obama-Romney Debate

By The Fiscal Times Staff

Watch the first presidential debate between President Barack Obama and Gov. Mitt Romney from the University of Denver and join in the conversation about the economy and domestic policy issues.
Romney Floats a Cap on Tax Breaks...Is It for Real?

By Josh Boak, The Fiscal Times

Republican presidential nominee Mitt Romney finally dangled some specifics about how he could slash all marginal tax rates by 20 percent and not blow-up the deficit—cap deductions at $17,000. While...
Fiscal Cliff: Candidates Fiddle While America Does a Slow Burn

By Eric Pianin and Josh Boak

While the next president will likely have to come to grips with the fiscal cliff shortly after taking office,, President Obama and Republican presidential nominee Mitt Romney have little to say about...
‘Taxmageddon’ Will Hit 88%, Prompting a New Recession

By Merrill Goozner, The Fiscal Times

If the lame duck Congress and President Obama drive over the fiscal cliff on New Year’s eve without passing new tax legislation or extending a host of expiring tax breaks, the average American...

Search form