Tax Cuts
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- Romney Tax Cuts - Gives Wealthy a Big Pay DayMitt Romney may have won the Iowa Caucus by a slim margin, but his tax plans are so inequitable that Wealthy Americans will reap a big pay day leaving poor Ameicans in debt.
- First Person: I'm Saving My Payroll Tax Cut MoneyWhy I'm saving my payroll tax money for a rainy day. I'm hoping government will put aside their political campaign agendas, and pass a full-year tax cut in the New Year.
- What Was the Senate Thinking with a Two-Month Tax Cut?The U.S. Senate passed on Saturday a two month payroll tax extension that was rejected the the U.S. House. The clock is ticking and American employers need security in knowing what the tax law will be. It's time to govern, not politick.
- Payroll Tax Cut? Only a Christmas Miracle Will Save ItWith the latest rejection of the payroll tax cut, only a Christmas miracle will keep some extra cash in the pockets of the people who really need it.
- Payroll Tax Cuts: the House Revolt Against Senate CompromiseHouse Republicans defeated a bill passed by the Senate that would have extended payroll tax cuts and unemployment benefits. Congress will now go on their holiday break with millions of Americans facing harsher economic times as the holiday approach.
- First Person: The Payroll Tax Extension: Good, Bad or in Between?As the debate centering on the extension of the payroll-tax cut continues, I find myself somewhat confused about my feelings regarding this cut.
- Brady, Jackson Lee Clash Over Payroll Tax Cut ExtensionTwo members of Congress from Texas, Rep. Kevin Brady, a Republican from East Texas, and Rep. Sheila Jackson Lee, a Democrat from Houston, are involved in an imbroglio over the payroll tax cut extension impasse, according to the Houston Chronicle
- Boehner, House Should Pass Senate Payroll Tax Cut Extension -- for NowThe best option right now would be for Speaker John Boehner and the House to pass the Senate's version of the payroll tax cut extension. They can worry about the rest after the first of the year.
- Obama's Flawed Argument on Payroll TaxesPresident Barack Obama's claim that Republicans are hypocritical on tax cuts rests on very poor reasoning. You might as well call it the "Steak and Ice Cream" argument.
- The Payroll Tax Cut Bill is a Waste of Time, Effort and MoneyThe payroll tax cut bill officially known as H.R. 3630 has stalled after the senate reduced the time frame from 12 months to two months, but I'm not upset by that. After running the numbers, this bill isn't feasible or helpful to the American People.
- Small business tax planning for 2012 around payroll tax cut debatePlanning ahead for 2012 is on most small business owners’ priority agenda before heading out for their December holidays.
- Michigan Congressional Members Divided Over Tax Cut ExtensionMichigan's congressional debate mirrors a larger fracas in the U.S. congress over payroll tax cuts extension. The current version is a two-month extension, but House Republicans want a full year extension, with worker-paid compensations.
- Obama Now Likely to Sign Payroll Tax Cut Bill Despite Earlier Veto ThreatPresident Barack Obama backslid on two veto threats this week. His first change of heart came with the unchanged National Defense Authorization Act, the second came Friday night on the payroll tax cut extension legislation.
- First Person: Payroll Tax Cuts Will Mean More Money and Maybe More BusinessAs payroll tax cuts are set to expire and new proposals are being discussed, any break that is offered will be welcomed and will certainly give my family a boost.
- Norquist Logic - It's Only a Tax Hike If I Don't like ItGrover Norquist and his questionably fuzzy logic.
- Bush Tax Cuts Shed Light on Right-Wing’s Obsession with Greed PreservationPicture the faces of the poor and struggling along with the smug countenance of Grover Norquist, the poster figure for greed preservation.
- Billions Cut from Defense Should Be Used in Government Jobs ProgramsSpeaker of the House John Boehner (R-OH) says that the money cut from national defense should not go toward government jobs programs. This assertion is foolish, insulting, and cruel to America's countless unemployed and underemployed.
- Recession: How Republicans Ensure Liberal Programs FailThis is a highly biased article explaining the deliberate actions of the Republicans to cause the Obama Stimulus and Heath Reform packages to fail.
- Republicans Hate Tax CutsThe Republican leadership in Congress has come out against President Obama's proposed payroll tax holiday.
- How to Get Republicans to Oppose a Tax CutRepublicans are for tax cuts unless they benefit working people, in which case tax cuts add to the deficit all of a sudden.
Why the Republicans Are Considering a Tax IncreaseThe cut to the payroll tax only saves workers $20 per week but costs Social Security billions.
Tax Cuts Do Not Create JobsCongress and President Obama fighting over country's debt. Tax cuts do not create jobs.- Everyone Knew that GOP Wouldn't Agree to Tax Cuts on RichThe Democrats showed they learned something from the GOP. They put a stimulus package on the table as part of the talks to increase the debt limit. Do what the GOP does and push forward items that the GOP will never agree to.
- Proles Were Brainwashed into Believing Tax Cut for Rich Would Help ThemWere the proles brainwashed into believing tax cuts for the rich would help them or was it that the Tea Party, due to some psychopathology, desperately needed to believe this tripe.
- Who Should Pay Taxes?At its barest minimum, government has expenses. So government needs money. Government gets its money from taxes. Tax cuts do not create jobs. We all must contribute to the society that we enjoy. Everyone should pay taxes. It's part of being a grownup.
- Gov. Deal Says Yes to Tax Cut for Delta but No to Gas Tax CutThis article discusses the recent $30-million tax cut that Gov. Nathan Deal gave to Delta Airlines and the outrage over a 3-cent-per-gallon tax increase that has gone into effect.
- Real Solution to Deficit Threat '" Let the Bush Tax Cuts ExpireOn Monday, Wall Street's S&P ratings agency downgraded the US financial outlook to negative.
Drawing a Line in the Sand on Tax Cuts for the WealthyAs jobs are being cut for lack of revenue in states, millionaires and billionaires are increasing their revenue due to gaping loopholes in state tax structures.
The Salary Freeze on Federal and State Workers for Tax CutsTaxation is very simple (understatement), but the parties have reduced policy to rhetoric. We hear the values of "freedom and equality" tossed around the political grandiloquence when we know full well that these two variables are inversely proportional.- The GOP Bellow No More Taxes - which Really Means More Tax Cuts for Their Rich Cronies/ContributorsWith the GOP emphasizing the alien nature of President Obama the Democrats don't seem acceptable to the red staters. The GOP has for generations appealed to the base instincts of their voters, who since they have nothing want someone to hate.
Tax Cuts and the EconomyAs the Tea Party candidates prepare their anti-tax rhetoric for the 2012 election, I'll take a look at those 3 dirty words, "Redistribution of Wealth".
Are Spending Cuts Really the Saving Grace to Reduce Budget Deficits? Part IHow skewered is the information that leads voters to think the GOP has a plan to balance state and federal budgets?
Tax Cuts: Nothing More Than Increasing the Deficit and Hurting the EconomyAre these tax breaks the real solution to the economy or are they just adding to the deficit?- The 2011 Government Shutdown and the National Debt: A Different PerspectiveMy analysis of the current budget crisis, the threatened government shutdown and the causes of the current national debt.
- First Person: What the Tax Cut Bill Means for the Rest of UsAs a tax accountant, I see both positives and negatives to the passage of the bill. Here is what you need to know:
- Social Security Payroll Tax Cut in 2011 and New WithholdingNew tax cuts effective in 2011 will reduce withholding on earned wages.
- The Bush Tax Cuts that Destroyed AmericaIt should go without saying that the United States is fast approaching a tipping point, one that will see either a slow and continued or a quick, precipitous economic decline. The warning signs have been blaring ALERT! and STOP! for years. But...
- The Obama Tax Cut and Congress: What Are These People Thinking?This article describes the current tax cut debacle in congress.
- Tax Cut You Can Take to the BankTax Act 2010 avoids raising taxes,provides relief to the long-term unemployed and the headline item for the individual taxpayer is clearly the social security tax cut, increased take home pay is something tangible and can only improve the bank balance.
- Reacting to the Bush Era-tax Cut Extension DealAlthough it is nice to see Republicans participating in government and our leaders working together, the deal is sickening.
