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News for Norther Colorado and the world

Monday, December 22, 2014

Posts Tagged ‘tax cuts’

Romney Budget a disaster

Romney's Budget-Balancing For Dummies Sun, 02/26/2012 - 9:27pm — Joe Conason Seeking applause from a right-wing audience in Michigan, Mitt Romney vowed on Saturday: "I will cut spending, I will cap spending and I will finally balance the budget," saying that he will end federal funding for all the usual Republican budgetary scapegoats -- the Public Broadcasting System, the National Endowment for the Arts, and the National Endowment for the ... Full Story

Supercommittee Fails, Gardner Wants More Tax Breaks

Supercommittee Fails, Gardner Wants More Tax Breaks for Ultra Wealthy

      Press Release     The congressional Supercommittee has failed to develop a bipartisan agreement to reduce the deficit because Republicans like Representative Cory Gardner (CO-04) demanded more tax breaks for billionaires and protected tax loopholes for Big Oil, while insisting that the Medicare guarantee be eliminated. Gardner has even signed conservative lobbyist Grover Norquist’s Americans for Tax Reform pledge to protect tax breaks ... Full Story

What’s All the Fuss About Top Tax Rates Going Up 4.6

What’s All the Fuss About Top Tax Rates Going Up 4.6 Percent?

By Kenneth Lewis The national conversation on our fiscal health for the past few months has been about whether to extend the Bush-era tax cuts for households with incomes over $250,000, or to allow them to expire on December 31st. To my amazement, lost in all this controversy and discussion has been any mention of what this would really mean for high-income people in the context of historical tax rates. During the 1950s this country was flourishing economically and adding ... Full Story

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