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Mitt Romney has put a lot of work into reversing the perception, prevalent during his 2008 campaign, that his ideological compass only follows the magnetic field of whichever electorate he happens to be trying to win over. The title of his campaign book, No Apology, was as much a statement of principle as it was [...]
With a new campaign team in place, Rick Perry is up on the Iowa airwaves with his first campaign ad. It’s not a very expensive buy–only $175,000, or enough for several days of air time–but the spot is a reminder of what had conservatives so giddy about the Texas Governor this summer, before his candidacy [...]
“I am so ready for the Colbert Bump,” Jon Huntsman said Monday night, at the end of his awkward appearance on Comedy Central, which had involved several jokes comparing the nation of China to local Chinese takeout. “You may be at two percent,” Stephen Colbert responded. “We are going to get you up to whole [...]
Perry’s first TV ad debuts today in Iowa, marking the start of the 2012 air wars. The highest earners would benefit from Perry’s optional flat tax, the lowest earners would not, and middle-income earners would need accountants to figure out things one way or the other. It doesn’t exactly qualify in the simplicity or fiscal [...]
Last week, on his first visit to Iowa since August, Mitt Romney vowed to make up for lost time. “I’ll be here again and again,” he promised, alluding to the final sprint to the state’s pivotal caucuses. “I’d love to win in Iowa. Any of us would.” Iowans would be forgiven for assuming otherwise.
Most flat tax proposals have a lot of fiscal and political problems, but as Fareed Zarakia argues in our new issue, they do have certain theoretical virtues. One of them is the elimination of tax loopholes, whose creation and perpetuation are the stock in trade of many Washington lobbyists. These loopholes don’t just undermine economic [...]
Texas Governor Rick Perry’s tax plan curves hard to the right, but will GOP front runner-Mitt Romney swing at the pitch? Perry’s plan, introduced Tuesday in a Wall Street Journal op-ed and followed by a speech in South Carolina, would create an alternative flat tax system that tax payers could opt into if they choose.
Wait for it. And then read James Poniewozik’s take on what’s going on.
On the fundraising circuit these days, President Obama tells two stories. The first is his public story, the one about Republican obstruction of his proposal to inject more tax cuts and spending into the economy. It is a timeless political tale, a good-guy, bad-guy drama that argues Democrats are fighting for the country while Republicans [...]
Perry rolls out his 20% flat tax along with a Cut, Cap & Balance-esque fiscal plan. The plan starts with giving Americans a choice between a new, flat tax rate of 20% or their current income tax rate. The new flat tax preserves mortgage interest, charitable and state and local tax exemptions for families earning [...]
