The second night of the Democratic debates marked a shift both in tone and topics. While the first night of the debates was short on tax policy, tax talk nearly doubled in the second debates. The candidates who were onstage during the second round of debates were Sen. Michael Bennet (D-CO), former Vice President Joe…
President Barack Obama, Vice President Joe Biden, Speaker of the House John Boehner (R-OH), House Minority Leader Nancy Pelosi (D-CA), Senate Majority Leader Harry Reid (D-NV) and Senate Minority Leader Mitch McConnell (R-KY) will meet today at 3:00 p.m. at the White House to discuss the (lack of a) budget. Call me cynical (I prefer…
So what do Vice President Joe Biden and I have in common? We both have a Costco card. It’s true. If you follow the blog (or me on @twitter), you know that I recently moved out of the city. And once here, I consulted my “What to do when you move into the suburbs” handbook…
With Election Day just around the corner, I’ve received a number of questions about the differences between the Obama/Biden and Romney/Ryan tax plans. It’s nearly impossible to compare the plans note by note for a couple of reasons: The plans aren’t etched in stone. Details on some parts of the plans are fuzzy and others…
After the first (and only) Vice Presidential debate, I noted that two minutes wasn’t a lot of time to talk about taxes. It is, as I said, what makes debates both fun and frustrating. The vice presidential debate did not disappoint on that scale. Following the debate, the talk was partly about Sen. Ryan’s surprising…
Two minutes isn’t a lot of time to talk about taxes. It’s even less time when you’re trying to get in zingers and tout your platform. That’s what makes debates both fun and frustrating. During the Vice Presidential debate, VP hopeful Paul Ryan referred to his tax plan but didn’t offer any specifics. There was…
What’s your number? You know, your tax rate for federal income tax purposes? I know, you’re thinking 20%, 30%, maybe even 35%. Far higher than Mitt Romney, right? You probably pay much less than you think. Most people think of their marginal tax rates when you ask them what they pay in tax. A marginal…
I hate it when news reports give the impression that something is totally different than it really is… This is why when I checked email yesterday, I was overwhelmed by the number of folks that seemed to think that Congress passed a law extending tax cuts for the middle class. That didn’t happen. Here’s what…
Tax Talk 2011 is on the way! If you’ve been following the blog over the years, you know that during most major elections, I ask the candidates a series of tax related questions in order to get a sense of their stance on federal taxes. This year is no different. I’ve sent queries to those…
Barack Obama may not yet be in office but his economic team is already plugging away at an economic stimulus package. According to Vice President Elect Joe Biden, the package will include investments in health care, energy, education and infrastructure. The stimulus package has been touted as providing relief for the jobless and the middle…
