Romney is promising both massive tax cuts and a balanced budget, but it's unclear how he will pay for either.
Mitt Romney has added a new plank to his campaign tax platform: Cut all ordinary tax rates by a fifth. But he’s put a few pretty big hurdles in the way of making sure his plan does not add to the deficit.
Yes, Abraham Lincoln was America's first Republican president, and, yes, the GOP proudly calls itself the Party of Lincoln. But Bradley University sociology chair Jackie Hogan wonders: Could Lincoln win his party’s nomination in 2012? Considers his stance on some of the hot-button issues in the Republican primary race.
The 'Buffett rule' – a minimum tax rate on millionaires – wouldn't have much effect on wages and salaries, but it would greatly impact capital gains.
The president's plan to raise tax revenue could mean disaster for the equity markets.
Although the nation needs investment in infrastructure and education, among other areas, US Conference of Mayors President Antonio Villaraigosa says Congress' past bad behavior mean President Obama's budget will likely have serious spending cuts.