The Obama administration is proposing to lower corporate taxes from the current 35 percent to 28 percent for most companies and to 25 percent for manufacturers. But American companies are booking higher profits than ever.
Mitt Romney has been both vaunted and vilified for his business background. Here's how running a corporation really compares to running a country.
Mitt Romney probably manages to pay a 15 percent tax rate by treating his generous compensation from Bain Capital as capital gains. It's a loophole that unfairly benefits high earning private-equity managers.
John Lewis Gaddis's biography is an important examination of a man who shaped the current American way of life.
For two years running, President Obama is the man Americans most admire, and Secretary of State Hillary Clinton is again the most-admired woman, a new Gallup survey shows. But the public’s views of other politicians shifted noticeably in 2011.
Henry Clay. Al Smith. Thomas E. Dewey. Their names probably prompt hazy recollections of high school history class – but not much else. By missing out on the presidency, many would say they lost their place in history, too. But even those who didn't take the oath on Inauguration Day had their impact. Here are five great examples from Scott Farris's new book 'Almost President: The Men Who Lost the Race but Changed the Nation.'
Even the best Christmas gifts lose their luster within a few months. Books have a staying power few gifts can match. I have nothing left from Christmases long past except my childhood books, each still prized. This season, give books. They are our bulwarks against time, ignorance, and barbarity.
Mitt Romney is ahead of Herman Cain, again. But in a head-to-head race with Barack Obama, Romney would lose, says a new AP-GFK poll