Econ Comments & Analysis
WSJ | Desperately Seeking Middle-Class Taxes
Democrats in Charlotte are pounding away at the savage budget cuts that Mitt Romney and Paul Ryan supposedly favor and their phantom plan for "raising taxes on the middle class," as President Obama puts it. The truth is the opposite, but table that for a moment. The President seems not to realize his critique is really a scorching if implicit indictment of his own time in office.
Investors | President Obama's Tax Hikes Trickle Down Toward Middle Class
We have heard many times from President Obama how he plans to raise taxes on "millionaires and billionaires," but not on the middle class. Apparently, if you don't happen to be a millionaire or billionaire, you don't have to worry. But the numbers say otherwise — and say so big time.
Daily Finance | Fiscal Cliff Ahead: The Party's Over for the Payroll Tax Holiday
A month ago, we mapped out the fiscal cliff America is hurtling toward, and the torturous trail of automatic budget cuts and unhindered tax increases that could send the economy screaming into the abyss.
