Tax Cuts, Tax Cuts For The Rich | featured news

GOP Proposes Renewing Tax Cuts, Freezing Spending

GOP Proposes Renewing Tax Cuts, Freezing Spending

House Republican Leader John Boehner (BAY'-nur) is proposing a two-year freeze on all tax rates and a cut in government spending to the levels of 2008, before the recession hit. In a broadcast interview, the Ohio Republican offered an alternative to ...

Senh: Rich people don't need anymore money.

 

Analysis Looks at Effect of Letting Tax Cuts Lapse for Rich

Taxes would not rise for 98 percent of American households under the president’s plan; those earning $1 million or more would pay an average $100,000 more than they are now.

 

Greenspan Calls for Repeal of Bush Tax Cuts

Greenspan Calls for Repeal of Bush Tax Cuts

The former chairman of the Federal Reserve said keeping the cuts would drive up borrowing costs and could lead to another financial crisis.

Senh: Something like this is common sense, isn't it? If you don't have the money to spend, why are you giving it away to people who don't need it? The rich don't need to be richer.

 

Geithner: 'Responsible' to End Tax Cuts for Wealthy

Geithner: 'Responsible' to End Tax Cuts for Wealthy

Treasury Secretary Timothy Geithner on Sunday disputed claims that allowing a portion of the Bush tax cuts to expire will choke economic growth, saying the government needs to do the "responsible" thing and show the world it is capable of tackling the deficit.

 

Mike Pence Explains Why America Can Afford Tax Cuts For The Rich But Not Jobless Aid

Mike Pence Explains Why America Can Afford Tax Cuts For The Rich But Not Jobless Aid

The unsavory task of explaining why America apparently can't afford to help the unemployed but can afford tax cuts for the rich fell to Rep. Mike Pence (R-Ind.) on Sunday.

 

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