Taxes And Spending


After Election, Congress Turns To 'Fiscal Cliff,' Other Money Issues

Wednesday, November 07, 2012

The lame-duck Congress has just weeks to jump to the rescue of an economy moving closer and closer to the so-called fiscal cliff — a $600 billion cluster of automatic spending cuts and tax hikes due to hit at year's end.



White House Details 2013 Cuts If Congress Doesn't Avert Fiscal Cliff

Friday, September 14, 2012

Under orders from Congress, the administration detailed exactly how it would administer painful cuts to both defense and domestic programs that were ordered under last year's budget deal. But the Office of Management and Budget reiterates that the threat of cuts is meant to spur congressional action.


Will Cain's New '9-0-9' Tax Plan Really Help The Poor?

Friday, October 21, 2011

Even with the latest change to Cain's tax reform plan, the lowest-income Americans would see their tax bills rise because they'd face a trickle-down effect from business taxes and they would still face the 9 percent sales tax, analysts say.


The Takeaway

Don't Call it a Surtax: How Our Denial of Real Costs Hurts Real Talk on Taxes

Friday, October 07, 2011

Americans have a fear of taxes, period. There's a historical precedent for this, detailed in every middle school kid's history book, and as it relates to the history of tyranny, it's an understandable fear.

We often bury this fear in mounds of denial and guilt, sort of like the silly idea that we live in a world without obscenities. You know, Planet Family Values, where the Gods bleep out everything we're not supposed to hear. Bleeps are, of course, a form of emphasis, not suppression.

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It's A Free Country ®

Explainer: How America Redistributes Wealth, State by State

Tuesday, August 16, 2011

When it comes to divvying up tax revenue, states with richer citizens end up footing the bill for those with lower per capita income.

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