Tax cuts

Hatch

Three U.S. Senate front-runners aim for 60 percent at GOP convention

Republican delegates have 10 candidates for the U.S. Senate to choose from at the state Republican Convention on Saturday.

Of those 10, three are in the front battling to get 60 percent of the delegates' votes in order to avoid a primary in June.

The three are:

Wealthy '5 Percenters' want to be taxed more

SAN FRANCISCO -- They're rich. They're angry. And they want to pony up more money to Uncle Sam.

Armed with placards reading "Please Raise Our Taxes" and colorful budget charts, about 75 well-dressed middle-aged folks assembled on the steps of San Francisco City Hall to send the message that they're ready to sacrifice for the public good.

Tax cuts among proposals for Utah budget surplus

SALT LAKE CITY — A projected budget surplus has prompted some Utah lawmakers to push for reduced government spending by increasing state reserves or issuing long-term tax cuts.

(WILLIAM B. PLOWMAN/The Associated Press) NBC News, Speaker of the House, Rep. John Boehner, R-Ohio, appears on NBC’s “Meet the Press” in Washington. House Republicans said Sunday they oppose a bipartisan, Senate-approved bill that extends a payroll tax cut and jobless benefits for just two months and said congressional bargainers need to write a new version lasting a longer time. “It’s pretty clear I and our members oppose the Senate bill,” Boehner said, adding, “I believe two months is just kicking the can down the road.”

House GOP leaders want new payroll tax cut bill

WASHINGTON — Top House Republicans rebelled Sunday against a bipartisan, Senate-approved bill extending payroll tax cuts and jobless benefits for two months, reigniting a politically fueled holiday-season clash that had seemed all but doused.

(J. SCOTT APPLEWHITE/The Associated Press) Sen. Chuck Schumer, D-NY, leaves after commenting to reporters on Capitol Hill in Washington Saturday, Dec. 17, 2011, after the Senate passed legislation to extend Social Security payroll tax cut and jobless benefits for just two months, setting the stage for another fight in February. The action also extends long-term unemployment benefits for another two months and requires President Barack Obama to approve the Keystone XL oil pipeline within 60 days unless he declares the project would not serve the national interest.

Senate OKs payroll tax cut, huge spending bill

WASHINGTON — The Senate voted Saturday to temporarily avert a Jan. 1 payroll tax increase and benefit cutoff for the long-time unemployed, but forcing a reluctant President Barack Obama to make an election-year choice between unions and environmentalists over whether to build an oil pipeline through the heart of the country.

(J. SCOTT APPLEWHITE/The Associated Press) Speaker of the House John Boehner, R-Ohio, speaks to reporters at the Capitol in Washington, Monday, Dec. 12, 2011. A crucial vote is scheduled in the House Tuesday on a GOP effort to back an extension of the payroll-tax cut and other measures including an provision to speed approval on the Keystone XL oil sands pipeline.

GOP embraces showdown over oil pipeline, tax cuts

WASHINGTON — Sensing a political opening, congressional Republicans are moving toward a high-stakes showdown with President Barack Obama over a plan to link fast-tracked approval of an oil pipeline to a measure renewing a payroll tax cut.

Senate Minority Leader Mitch McConnell, R-Ky., said the proposed Keystone XL pipeline from Canada to Texas will help the president achieve his top priority — creating jobs — without costing a dime of taxpayer money.

(J. SCOTT APPLEWHITE/The Associated Press) A statue of a contemplative Benjamin Franklin overlooks the empty hallways of Congress as the deadline of the deficit Supercommittee approaches with no expectations for success, Sunday morning at the Capitol in Washington, Nov. 20, 2011. On various talk shows Sunday, Democrats and Republicans on the Joint Select Committee on Deficit Reduction exchanged blame for the a deepening impasse that has all but doomed chances for an accord.

Bush tax cut debate dooms deal to cut deficit

WASHINGTON — A long-running war between Democrats and Republicans over Bush-era tax cuts doomed the debt supercommittee’s chances of reaching a deal. Efforts to overhaul the tax code may await the same fate as both parties gear up to make taxes a central issue in 2012 elections.

(EVAN VUCCI/The Associated Press) President Barack Obama makes a statement at the White House after the congressional debt supercommittee failed to reach an agreement on debt reduction on Monday, Nov. 21, 2011, in Washington.

In NH, Obama to push for payroll tax cut extension

WASHINGTON — Targeting Republicans in Congress and on the presidential campaign trail, President Barack Obama is heading to New Hampshire, a political battleground, to begin a year-end push to extend payroll tax cuts.

Congress returns to fight over jobs, budget cuts

WASHINGTON — Fights large and small await Congress as it gets back to business, with jobs and budget cuts topping a contentious agenda that also includes a lengthy roster of lower-profile but must-do items that also are potential victims of partisan gridlock.

Republican presidential candidate and former Massachusetts Gov. Mitt Romney talks about the economy at Vermeer Corporation in Pella, Iowa, Wednesday, Aug. 10, 2011. (AP Photo/Charles Dharapak)

Romney unveils economic plan ahead of Obama speech

NORTH LAS VEGAS, Nev. — Republican presidential hopeful Mitt Romney on Tuesday will call for lowering the corporate tax rate and eliminating capital gains taxes for middle-class Americans as part of a plan to try to lift the struggling economy as well as create jobs.

Obama predicts tax bill passage, possible changes

WASHINGTON -- President Barack Obama is predicting congressional approval of the tax-cutting compromise he has reached with Republican leaders, but he's not ruling out that unhappy Democrats will make some changes in the mammoth legislation.

In an interview with NPR released Friday, Obama said that despite a rebellion by many Democrats against his tax deal, it will pass because "nobody -- Democrat or Republican -- wants to see people's paychecks smaller on Jan. 1 because Congress didn't act."

Unhappy Democrats say tax bill likely to pass

WASHINGTON -- House Majority Leader Steny Hoyer said Thursday congressional Democrats have no choice but to accept the tax package negotiated by President Barack Obama and GOP lawmakers, even as some fellow Democrats continue to resist.

"We're going to have an increase in taxes on working Americans ... if we continue to have gridlock," said Hoyer, a Maryland Democrat.

Advertisement
  +

Recent Comments

Latest Blogs

Blogging the Rambler
Would a real fiscal conservative have bought that...
By: Charles Trentelman

Wednesday, May 23, 2012 - 11:54am

The Political Surf
Catholic dioceses, colleges will likely beat Obamacare...
By: Doug Gibson

Friday, May 25, 2012 - 2:47pm

Me, myself... as mommy
Is addiction to Adderall really more appealing than...
By: MeganSanders

Tuesday, May 8, 2012 - 12:26am

Why Are You Crying?
Pakistani justice salutes bin Laden
By: Mark Shenefelt

Wednesday, May 23, 2012 - 11:43am

Standard-Examiner Sports Blogs
Tyrone Corbin just loves watching basketball, would...
By: Jim Burton

Tuesday, May 8, 2012 - 4:20pm

Latest Tweets