Word: taxed
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...Senate majority leader Harry Reid, a practicing Mormon, claiming the FLDS church is guilty of tax fraud as well as child abuse...
...will make it easier for them to grow.' Obama sees a more active role for government in job creation. In the short term, he supports a second stimulus package in addition to the $168 billion one already passed. McCain portrays himself as a traditional fiscal conservative, emphasizing tax cuts and a balanced budget. He has not weighed in on a second stimulus plan. TAXES The 2001 and 2003 Bush tax cuts are set to expire in 2010. What are the candidates' new tax proposals? He would end Bush's tax cuts for families making more than...
...Bush years never pulled off much at all. Paul O'Neill, the former CEO of aluminum maker Alcoa, battled with the White House over deficit spending (he wanted less of it) and lost. His successor, John Snow, former CEO of railroad giant CSX, toed the Administration's low-tax, anti-regulation line so faithfully as to be almost invisible...
...called earmarks that our legislators put in to provide funds for museums commemorating the harmonica and to build bridges to nowhere. A worthy crusade, a hardy McCain perennial, but one that would net only about $20 billion per year. Meanwhile, McCain was also proposing to extend the Bush tax cuts and add others, including a significant corporate-tax-rate cut, which would subtract about $300 billion. "McCain has set a responsible goal," said Bob Bixby of the deficit-obsessed Concord Coalition, "but he has no plausible way to achieve it. His budget would actually move things in the opposite direction...
...Debates about budget policy have rested in this comfortable if unedifying rut for too long. In fact, the most striking thing about McCain's plan was how closely it mimicked the dismal debates of over 20 years ago, when Congress passed massive tax cuts and then pasted on Band-Aids like Gramm-Rudman-Hollings legislation to compel reductions in spending that never materialized. The mildewy whiff of McCain's economic policies intensified three days after the budget speech, when Phil Gramm himself appeared, in his capacity as McCain's economic guru, and pronounced that the country was in the midst...