Mike Gerson has a pretty smart column in the Washington Post today about the President’s political dilemma, given the current economic doldrums. Gerson starts with the coincidence of Obama’s visit to a Jeep plant in Toledo, Ohio, …
Taxes
Debt-Ceiling Kabuki
House Majority Leader Eric Cantor and No. 2 Senate Republican Jon Kyl want you to know they are taking a principled stand. They are against raising taxes. They will not recommend to their conferences that taxes be raised. They …
Governor Moonbeam: California’s Responsible Adult
SACRAMENTO—Forget the former California governor who’s once again a tabloid sensation. Let’s talk about the former California governor who’s once again a California governor. Jerry Brown, the Golden State’s 34th and 39th chief …
Speaker Boehner?
House Minority Leader John Boehner sat down with political reporters today at a lunch sponsored by the Christian Science Monitor. He was asked right off the bat about what his agenda would be if Republicans win the House in November and he’s chosen as Speaker. Boehner was quick to note that his conference had just started a listening …
Why The Deficit Commission?
The president’s “National Commission on Fiscal Responsibility and Reform,” chaired by Democrat Erskine Bowles and former Republican Senator Alan Simpson, held its first official meeting this morning at the White House. Speaking about the endeavor, Obama pointed to the challenges financial crisis and economic downturn thrust on the …
Happy Tax Day
Our colleague Stephen Gandel over at the Curious Capitalist has a phenomenal post on taxes. The headline is sure to entice you Swampland folks:
Could the Tea Party be Right About Taxes?
Enjoy.
Obama’s Tax Plan
In a WSJ editorial this morning Obama economic advisors Jason Furman and Austan Goolsbee unveiled details of Obama’s economic plan. It contained some surprises (capital gains of 20%, not 25% as had been widely assumed). And at least one provision that the GOP latched onto as detrimental to marriage (Obama would raise taxes on couples …
Obamas Earned $4.2mil in 2007
Just two hours before tonight’s debate began Obama finally released his tax returns from last year. The candidate and his wife Michelle earned $4.2 million in 2007, more than they earned in the previous seven years combined. The earnings reflect the success of Obama’s two bestselling books: $4 million came from royalties alone.
As …