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Showing blog posts tagged with taxes

Warren Buffett Is Right

Republicans in Congress are fighting to give more tax breaks to the extremely wealthy, rather than create jobs. Here at a glance is ample reason why the rich don’t need any more breaks—they already pay a lower percentage of their income than do the rest of us.  Warren Buffett is right.

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Obama Proposes ‘Buffett Rule’ to Pay for Jobs

President Obama today outlined a proposal to add $1.5 trillion in new tax revenue to pay for his proposed American Jobs Act to put Americans back to work. In a speech this morning from the White House, he said lawmakers need to focus first and foremost on creating jobs and challenged Congress to do so.

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New Taxes Won’t Turn Millionaires into Fleeing Tax Refugees

Any time the idea that the very wealthiest among us ought to pony up their fair share is raised, Republican lawmakers issue dire warnings. ”If—heaven forbid—millionaires are asked to pay a little more in taxes, they will flee like flocks of migratory birds looking for a warmer welcome elsewhere. Their vast wealth forever lost.”

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Romney: Jobless Americans Have To Bear Burden Of Budget Cuts Because Corporations Need A Tax Cut

This is a crosspost from ThinkProgress.

Travis Waldron  filed this report from a campaign event in Portsmouth, New Hampshire

A member of the local Rotary Club stood yesterday to ask former Massachusetts Gov. Mitt Romney (R) a question weighing on the minds of millions of jobless Americans:  At a time when corporations are sitting on record amounts of cash, why are the Americans who can least afford it being asked to shoulder the burden of trillions of dollars in potential budget cuts?

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Minnesota Republicans Rather Shut Down Government than Ask Rich for Fair Share

Because they refuse to ask the state’s wealthiest 2 percent to pay their fair share to help close a budget deficit, Republican state legislators in Minnesota are just days away from forcing a government shutdown close the doors to vital public services for working families and toss 38,000 state employees out of work and

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