Wednesday, April 7, 2010 as of 11:14 AM ET
A tax cut is a reduction in taxes. The immediate effects of a tax cut are a decrease in the real income of the government and an increase in the real income of those whose tax rate has been lowered.
Read More at Wikipedia ›Greece's conservatives on Thursday promised voters tax relief if they win a crucial general election, insisting that existing austerity measures can be made fairer, despite growing concern over the country's future in the euro.
The debt-strapped country will hold its second election in six weeks on June 17. It was called after the center-right New Democracy party won a May 6 poll but was unable to form a coalition government.The conservatives are roughly level with the leftwing anti-bailout Syriza party in recent opinion polls."Our pledge is jobs, jobs, jobs. ... No new taxes and no new cross-the-board cuts. The era of taxing incomes that do not exist is over," conservative leader Antonis Samaras told a meeting of business officials in Athens, presenting New Democracy's economic program.Greece's election law awards the winning party a bonus of 50 seats — intensifying the rivalry between the conservatives and Syriza, which has proposed canceling austerity measures made as part of rescue ...A year after Republicans swept into office across the country, many have trained their sights on what has long been a fiscal conservative's dream: the steep reductio...
A year after Republicans swept into office across the country, many have trained their sights on what has long been a fiscal conservative's dream: the steep reductio...
President proposes temporary extension of tax cuts , jobless benefits
Republicans are pushing a proposal that would halt what amounts to an IRS-administered entitlement that provides "free-funds" to low-income illegal immigrant filers ...
Every week on the lecture trail I meet progressives who are demoralized and/or infuriated by Barack Obama's performance as president. They insist that they will not ...
House Democratic Leader Nancy Pelosi just pulled her caucus well to the right of President Obama, as she dramatically broadened the scope of her proposal for extendi...
The economy added only 69,000 jobs in May—only about half of what is needed to keep up with natural population growth. The unemployment rate rose to 8.2 percent. In ...
Mercedes Viana Schlapp and Sally Kohn discuss where each campaign stands
The U.S. economy suddenly looks a lot weaker.Only 69,000 jobs were added in May, the fewest in a year, and the unemployment rate rose from 8.1 percent to 8.2 percent...
Chris Stirewalt, Juan Williamd and Congressman Mike Pompeo discuss President Obama's to-do list.
Only a month ago, surprisingly strong corporate earnings and steady growth in the U.S. economy had investors in a cheery mood. The Dow Jones industrial average stood...
U.S. manufacturing grew more slowly in May, hampered by weaker hiring and declining production. But a measure of new orders rose to a 13-month high, suggesting facto...
Republicans are looking to deny child tax credits to illegal immigrants — refund checks averaging $1,800 a family — in an effort that has roused anger among Hispanic...
Sen. David Vitter pushes to end tax credits for illegal immigrants
Republicans are balking at plans by House Democrats to hold a focused, narrow vote on tax relief for those earning less than $250,000, as the top GOP tax-writing com...
New Jersey Gov. Chris Christie on Tuesday proposed a $32.1 billion budget for the next fiscal year that includes a small increase in school aid, flat funding for mun...
Rep. Tim Scott and House Majority Leader Eric Cantor discuss their conference to encourage small business owners and ideas to boost the economy
House Majority Leader Eric Cantor (R-VA) wants a vote on extending the 2001 and 2003 Bush tax cuts before Congress leaves for its major summer recess on August 3rd.
Governor Chris Christie said Tuesday that he wants to reduce income tax rates by 10 percent in New Jersey, across all income brackets.The first-term Republican laid ...
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