Topic: Tax Policy Center
By one analysis of the deal on extending the Bush tax cuts, Obama got more than the Republicans did. The measures he sought cost three times more than those the GOP sought. But can that help him change the minds of Democrats on Capitol Hill?
12/09/2010 09:04 pm
Unemployment benefits and tax cuts will help middle class Americans, argued President Obama. True, but the plan helps everyone else, too – except the ballooning deficit.
12/09/2010 11:27 am
Some Democrats are in revolt now that President Obama has backed a deal to extend all the Bush tax cuts – even to the rich. Economists differ on the value of tax cuts for the rich.
12/08/2010 08:45 am
The tax-cut accord forged this week by President Obama and congressional leaders would give Americans a substantial income boost, whatever tax bracket they're in. Critics say it would push up the national debt and includes an unnecessary giveaway to the rich. Supporters say the cuts are much-needed fuel for the economy. It's a broad package that, if approved by Congress, would include much more than just a two-year extension of the Bush tax cuts. Here's a look at who gets what:
12/07/2010 07:08 pm
Estate tax provision would exempt first $5 million and charge only 35 percent on the rest of wealthy estates.
12/07/2010 12:18 pm
The Tax Policy Center offers a tool to allow people to see how the proposed changes to federal tax policy would affect YOU.
12/06/2010 02:24 pm
Let's agree on the facts, regardless of the politics: the Bowles-Simpson plan and Rivlin-Domenici plan will raise taxes on the rich. Not marginal tax rates, but average tax rates.
12/02/2010 05:50 pm
How will a proposed budget affect your taxes? It depends entirely on how you define now. 'Current law' and 'current policy' turn out to be very different baselines.
12/01/2010 10:36 am
Debt reduction plan would allow federal aid to flow to low-income families without children.
12/01/2010 08:31 am
No more tax breaks for employee health insurance plans, according to Bowles-Simpson deficit plan.
12/01/2010 08:04 am