President Barack Obama on Thursday said the only thing keeping Republicans together was a desire to shield the rich from higher taxes, in a new jab over an imminent budget confrontation.
At a campaign event in Detroit Friday, Republican presidential candidate Herman Cain revealed exceptions to his 9-9-9 tax proposal that make the plan less like the flat tax that his supporters have made it out to be.
DALLAS, Texas — President Barack Obama on Tuesday invoked conservative icon Ronald Reagan to rebut Republican claims his plans to raise taxes on the rich smacked of class warfare.
WASHINGTON (Reuters) - Democrats want tax hikes to be the first item negotiated in "super committee" deficit-reduction talks, trying to force Republicans to confront an issue at the heart of this year's budget fights, sources told Reuters.
President Barack Obama Monday introduced his plan to trim the deficit, including a "Buffett rule" -- named after billionaire Warren Buffett -- which would ensure that people making over $1 million a year would pay a tax rate as high as the people that work for them.
