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Bush Tax Cuts

Bush Tax Cuts

The cuts lowered tax rates across the board on income, dividends and capital gains; eventually eliminated the estate tax; further lowered burdens on married couples, parents and the working poor; and increased tax credits for education and retirement savings. Obama’s proposal would extend most of these reductions, allowing only those for individuals making more thanRead more about Bush Tax Cuts[…]

America : Love it or  (if you're rich enough !) Leave it ?

America : Love it or (if you're rich enough !) Leave it ?

Maybe those in the $250K+ class might just vote with their feet: Our president thinks that living in America is so wonderful for those making more than $ 250,000 that they will never leave, despite being directly attacked and held responsible for the political class’s inability to constrain its desire to buy votes with ourRead more about America : Love it or (if you're rich enough !) Leave it ?[…]

Obama, Penny Pinching and Spending our Tax Dollars and Expiring Bush Tax Cuts

Obama, Penny Pinching and Spending our Tax Dollars and Expiring Bush Tax Cuts

But while most of the country is pinching pennies – the Obamas don’t seem to be heeding their own advice. While many of us are struggling, the First Lady is spending the next few days in a five-star hotel on the chic Costa del Sol in southern Spain with 40 of her “closest friends.” HerRead more about Obama, Penny Pinching and Spending our Tax Dollars and Expiring Bush Tax Cuts[…]

Obama's Tax Hike

Obama's Tax Hike

Myth: A dividend tax hike will be insignificant. Fact: The maximum tax rate on dividend income will surge by 164%—from 15% to 39.6%—Under Obama’s plan unless Congress acts to stop a dividend tax hike.

Bush Tax Cuts

Bush Tax Cuts

Two more Senate Democrats called for extending tax cuts for all earners—including those with the highest incomes—in what appears to be a breakdown of the party’s consensus on the how to handle the expiration of Bush-era tax cuts.