OKLAHOMA CITY (AP) – An analysis of a GOP plan to slash Oklahoma's income tax shows about 54 percent of Oklahomans would receive a tax cut next year for an average savings of $60.
Indiana GOP Senate Candidate Says His Concern About Poor Not Paying Taxes Akin To Lincoln's Fears About Slavery The Republican Party's nominee for Indiana's U.S. Senate seat recently compared the fight over tax rates …
“Viewpoint” host Eliot Spitzer, Brian Beutler, senior congressional reporter at Talking Points Memo, and Jeff Madrick, senior fellow at the Roosevelt Institute, consider a confluence of year-end factors that could result in a major burden for taxpayers. Madrick expresses concern: “I think both parties believe in austerity.
Think Progress reports that not only are corporate taxes at a 40 year low, despite what the GOP and Fox News want you to believe, but that 26 highly profitable corporations paid NOTHING in taxes last year.
President Obama has proposed a rate of 28 percent, but Republicans charge that it comes with $350 billion in new, off-setting taxes . The GOP is pushing for a cut to 25 percent, but the election year is getting in the way of any …
Rep. Paul Ryan talks with Norah O’Donnell on “Face the Nation” about his newly-released budget and tax proposal that he says will move the country on a path towards paying off the debt.
House Republicans, seizing on what they hope is a potent campaign issue, will introduce a 2013 budget Tuesday that cuts tax rates and provides for two individual brackets of 10% and 25%.