By David M. Drucker | 03/07/14 03:48 PM
Rep. Dave Camp has heard the word “no” before. As usual, he isn't listening. Nearly 18 years ago, when the Republican House Ways and Means chairman was an obscure third-term congressman serving on the powerful tax-writing committee, House GOP leaders were ready to throw in the towel on...
By Philip Klein | 03/06/14 12:29 PM
President Obama's budget proposal for the coming year was widely dismissed this week as an election-year political messaging document filled with proposals that had no chance of passage. But to the extent that the plan was notable, it was more for what was left out than what was put in it.
03/06/14 05:15 PM
SANTA FE, N.M. (AP) — New Mexico will no longer tax parts and labor for maintaining aircraft under a measure that Gov. Susana Martinez has signed into law. The governor said Thursday in Santa Teresa that the tax break, which takes effect in July, will help keep aircraft owners from having...
By Larry Elder | 03/06/14 11:26 AM
Sunday's Academy Awards event showcased Hollywood's finest. Beautiful people in beautiful clothes saying lovely things about their industry -- a politically "progressive" business that gives nearly all of its political contributions to Democrats.
By Philip Klein | 03/05/14 03:46 PM
President Obama's budget released Tuesday claims to reduce deficits by trillions of dollars, but a closer look at the details reveals that the deficit reduction is dependent on a number of gimmicks.
By Lawrence Kudlow | 03/05/14 03:30 PM
Fifty years ago last week, on Feb. 26, 1964, President Lyndon B. Johnson signed into law the sweeping tax cuts that had been championed by his predecessor, John F. Kennedy. The law brought the top marginal income tax rate down to 70 percent from 91 percent and the bottom marginal rate down to 14...
By John Stossel | 03/05/14 10:36 AM
This week, President Obama proposed "a budget that will create new jobs in manufacturing and energy and innovation and infrastructure, and we'll pay for every dime of it by cutting unnecessary spending, closing wasteful tax loopholes!"
By Gare Fineout | 03/05/14 08:56 AM
Florida legislators opened their annual 60-day session on Tuesday with legislative leaders vowing to cut taxes, expand the use of private school vouchers and make changes to the state's pension system.
By Washington Examiner | 03/04/14 06:42 PM
Wow, that's breathtaking. President Obama's 2015 federal budget proposal, that is.
By Philip Klein | 03/04/14 05:16 PM
President Obama would increase taxes and fees by at least $1.2 trillion as part of a budget proposal released Tuesday that would bring revenue to a record level by the end of the coming decade. Below, I’ve included a breakdown of Obama’s more costly proposed tax increases. The revenue...
By Timothy P. Carney | 03/04/14 04:44 PM
A millionaire managing a hedge fund might pay a lower tax rate on income greater than $1 million than a working man pays on income over $55,000. President Obama and the top Republican tax writer, Rep. Dave Camp of Michigan, agree this inequity should end. Obama in his latest budget, and Camp...
By David M. Drucker | 03/04/14 01:32 PM
The tax reform plan from Michigan Rep. Dave Camp was unimaginable as a Republican document just a few years ago, the result of a shifting political landscape that has seen the triumph of President Obama's tax message and the influence of conservative populism. The House Ways and Means...
By Meghashyam Mali | 03/04/14 01:04 PM
At an event at Powell Elementary School in Washington, D.C., Obama said the $3.9 trillion plan followed through on his promise in February’s State of the Union address to push policies that helped the middle class and fight income inequality.
By Joseph Lawler | 03/04/14 12:30 PM
The White House set out a statement of the Democratic Party's election-year priorities Tuesday morning, unveiling a $3.9 trillion budget for fiscal 2015 that would boost spending on domestic priorities, raise taxes on the rich and shrink the military. The plan would raise taxes by almost $1...
By Philip Klein | 03/04/14 11:46 AM
President Obama on Tuesday released a budget proposal that would raise taxes and fees and rely on optimistic economic projections to increase revenue by $3.15 trillion over the next decade -- bringing federal revenue to record levels. Among the new tax hikes, the Obama budget would restrict...
By Paul Bedard | 03/09/14
By Charlie Spiering | 03/09/14
By Joel Gehrke | 03/08/14
By Joel Gehrke | 03/08/14
By Philip Klein | 03/06/14