taxes

Present Obama answers questions on his decision to go against his campaign promises to let the Bush tax cuts expire.

I almost feel naïve for being so angry at President Obama’s betrayal of his campaign promises regarding taxes. I had never harbored much hope that he actually intended to enact the reforms that his supporters expected – not after he…

David Galland gives us his views on WikiLeaks, government spending, the Wesley Snipes tax case and more. Plus see Casey Research's interview with Ron Paul on an insider's insights into the situation in Washington today.

For months, Ben Bernanke has been more or less pleading with fiscal policymakers to catch up to him. With yesterday’s announced agreement on tax cuts and the extension of unemployment benefits, Congress and the Administration are making the…

The tax cut deal is in. I would agree with Felix Salmon's take, that "this is tax cutting, Oprah-style: you get a tax cut! And you get a tax cut! And you! And you! You all get a tax cut!" Since Democrats and Republicans were never…

Commercial real estate has been regressively “freed” from debt – leaving the rental value to be pledged to banks as interest. This un-taxing of land rent has been a major factor inflating the real estate bubble on credit, much as…

if many countries were in the cast of “The Biggest Loser,” the US would be among the fattest competitors. Thus, with this report, is the US now able to say, “See here, we are going to go work as hard as the rest of you to slim down”? Maybe…

The 30-year campaign of the wealthy to rig our economic system – especially the tax component – for their own benefit will accelerate with the GOP capture of the House of Representatives and the likely capture of the presidency and Senate…

Market participants are rightfully focused on the contagion of Ireland within Europe.  However, the depth of US corporate ties to Ireland may surprise many investors.  The value-added of majority owned affiliates of US companies…

by Michael Hudson Now that President Obama is almost celebrating his willingness to renew the tax cuts enacted under George Bush for the super-rich ten years ago, it is time for Democrats to ask themselves how strongly they are willing to…