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Bush: ‘I wish they weren’t called the Bush tax cuts’

Former President George W. Bush made a rare public appearance Tuesday morning, expressing regret that his name is attached to one of the largest tax cuts in U.S. history. According to Forbes, Bush spoke at his Institute Conference on Taxes and Economic Growth in New York City, claiming his continued…

Romney: My tax plan ‘frankly can’t be scored’

GOP presidential primary frontrunner Mitt Romney added more uncertainty over his tax plan Wednesday morning, citing that any private analysis of it was inaccurate because it ‘can’t be scored” without all the details “laid out.” Romney appeared on CNBC’s Squawk Box and was asked if his tax proposal, which would…

Don’t think they’re not looking to impeachment

Oh, lookee here, Grover Norquist is making impeachment threats against the President if he doesn’t extend the Bush tax cuts: Obama can sit there and let all the tax [cuts] lapse, and then the Republicans will have enough votes in the Senate in 2014 to impeach. He spends a lot…

Romney tax plan would help the rich, hurt the poor: analysis

WASHINGTON (Reuters) – U.S. presidential hopeful Mitt Romney’s tax plan would cut revenues and increase the government’s budget deficit, while benefiting wealthy taxpayers more than others, said a report from a non-partisan think tank released on Thursday. The Republican front-runner’s campaign responded with a defense of his plan and criticized…

The GOP wants to take your money and give it to rich people, full stop

Are Republicans for lower taxes, as a general principle? They would have you believe the answer is yes; in fact, getting the rubes to vote for them is a matter of promising to take control of the nation's uteruses away from their rightful owners plus a promise that you personally…

GOP Rep. falsely claims ‘revenues’ had ‘nothing’ to do with U.S. downgrade

Rep. Allen West (R-FL), a favorite among tea party Republicans, insisted Monday during an appearance on the conservative Fox News Channel that a refusal to increase government revenues through taxes had “nothing” to do with Standard & Poor’s dropping America’s credit rating last week. Unfortunately for West, that’s patently false,…

Van Jones on the deficit: ‘We are not stupid. We can do the math.’

Van Jones, Obama’s former green jobs czar, kicked off a new progressive movement at New York City’s Town Hall last night with an ambitious goal — to build a vocal counterweight to the Tea Party, who he says has monopolized the dialogue on America’s economic woes. “We are trying to…

GOP, Obama embrace Bush tax cuts compromise

White House signals new flexibility on extending Bush tax cuts for all A possible compromise on extending Bush-era tax cuts for rich and poor alike – at least for a while – is in the works after the Republican triumph in midterm elections. A day after President Barack Obama signaled…

Republican Cynthia Lumis: My constituents planning suicide over estate tax return

The struggling economy has been rough on many Americans, but it’s been exceptionally rough on rich people in Wyoming, according to the state’s lone House representative. Republican Cynthia Lumis claimed in a news conference that the possible return of the estate tax is causing some of her constituents to commit…

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