Taxing The Wealthy, Tax Breaks | featured news

US House passes Republican business tax cut

The Republican-controlled U.S. House of Representatives on Thursday passed a tax break for small businesses, giving voters a stark alternative to President Barack Obama's politically popular "Buffett Rule" surtax on the wealthy.

Senh: What a waste of time and taxpayers' money. If they know that it's not gonna pass the Senate, why do it.

 

FACT CHECK: Are Rich Taxed Less Than Secretaries?

FACT CHECK: Are Rich Taxed Less Than Secretaries?

"People who are doing quite well and worry about low-income people not paying any taxes bemoan the fact that they get so many tax breaks that they are zeroed out," said Roberton Williams, a senior fellow at the Tax Policy Center. "People at the bottom of the distribution say, 'But all of those rich guys are getting bigger tax breaks than we're getting,' which is also the case."

Senh: I hate articles like us. Can't they just give us a straight answer?

 

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