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...

Obama Hits Romney on Tax Fairness

By MATT HOLLAND, Reuters

President Barack Obama's campaign blasted Mitt Romney on Tuesday for not paying his "fair share" of taxes, escalating the rhetoric against the leading Republican presidential contender to try to...
Obama Claims the Buffett Tax Will Create Jobs

By Merrill Goozner and Michelle Hirsch, The Fiscal Times

he Obama administration is shifting gears slightly in its effort to promote the so-called Buffett tax, which could slap a minimum 30 percent tax rate on anyone who makes $1 million or more a year.
Obama's Big Spending Vision Gives Romney an Edge

By Edward Morrissey

With the Republican nomination almost in the bag, Barack Obama and his likely opponent, Mitt Romney gave competing visions of America in two dramatic speeches this week. Both argued for change, but...
Earmark Obsession Skewers A Lot More than Pork

By Bruce Bartlett, The Fiscal Times

n April 1, Richard Cowan of Reuters reported that some House Republicans are warming to the idea of bringing back “earmarks” in appropriations bills. It was not an April Fools’ joke. Since the mid-...
Obama’s and Paul Ryan’s Conflicting Budget Visions

By Michael Tanner, Tft Blogger, The Fiscal Times

With his speech to news editors and executives this week, President Obama has made it clear that he plans to run a starkly ideological campaign, contrasting his vision for the future of the country...

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