Domestic Taxes

  September 9, 2010, 2:15 pm

Hill staffers owe more than $9M in taxes

By Vicki Needham

Federal government workers as a whole  owe $1 billion in overdue taxes.

Read more...
Archived under: Domestic Taxes
comment Comments
E-mail Print share
  September 9, 2010, 12:33 pm

Reed: Final vote on Bush tax cuts might be after election

By Administrator

Sen. Jack Reed (D-R.I.) on Thursday said a final vote on legislation extending the Bush-era tax cuts could wait until after the election. 

Read more...
Archived under: Domestic Taxes
comment Comments
E-mail Print share
  September 9, 2010, 9:30 am

Tax group unveils tax-cut calculator

By Jay Heflin

The Tax Policy Center has unveiled a Tax Calculator that helps taxpayers better understand how their paychecks could be affected by changes in tax policy.

Read more...
Archived under: Domestic Taxes
comment Comments
E-mail Print share
  September 9, 2010, 8:34 am

Obama refrains from veto threat on extending all Bush tax cuts

By Jay Heflin

After being pressed on the issue, President Obama on Thursday refused to threaten to veto a bill that would extend all the tax cuts enacted under President George W. Bush.

Instead, the president reiterated his concern that extending the tax cuts for the wealthy would drive up the deficit and do little to help the economic recovery.

Read more...
Archived under: Domestic Taxes
comment Comments
E-mail Print share
  September 9, 2010, 6:00 am

Dems split over Bush cuts, Obama plan and a millionaire compromise

By Jay Heflin

President Obama on Wednesday personally called for phasing out tax cuts for the rich.

Read more...
Archived under: Finance & Economy, Domestic Taxes
comment Comments
E-mail Print share
  September 8, 2010, 8:11 pm

Snowe opposes Obama plan for Bush tax cuts

By Jay Heflin

Sen. Olympia Snowe (R-Maine) is opposed to the plan by President Obama and other Democratic leaders to only extend the tax cuts benefiting the middle class that were enacted under President George W. Bush. 

Read more...
Archived under: Domestic Taxes
comment Comments
E-mail Print share
  September 8, 2010, 5:14 pm

Healthcare industries applaud R&D tax credit proposal

By Julian Pecquet

The pharmaceutical, biotech and medical device industries stand to benefit from President Obama's proposal to expand the research and development tax credit, according to Wall Street analysts.

Obama is pressing Congress to expand the tax credit by about 20 percent and make it permanent. First introduced in 1981, the credit has been extended 13 times and expired eight times — most recently on Dec. 31, 2009.

"AdvaMed has long supported making the R&D tax credit permanent," said Brett Loper, senior executive vice president for government affairs for the Advanced Medical Technology Association. "We look forward to seeing the details of this new proposal and the other tax changes being discussed today to determine how they will affect America’s medical technology companies."

Read more...
Archived under: Domestic Taxes
comment Comments
E-mail Print share
  September 8, 2010, 12:51 pm

Pence calls on Obama to extend all Bush tax cuts

By Molly K. Hooper

House GOP Conference Chairman Mike Pence (Ind.) criticized President Obama’s call for business taxes on Wednesday and said Obama should support an extension of all of the Bush tax cuts.

The No. 3 House Republican said it would be a “profoundly bad idea” to implement Obama’s proposal for certain business tax cuts if Obama also raises taxes on wealthier taxpayers.

“You don’t pay for tax breaks with tax increases, it would be a profoundly bad idea for this administration to advance a few, good boutique tax cuts but pay for them with across-the-board tax increases on job creators in this country,” Pence told reporters on a conference call Wednesday morning.

Read more...
Archived under: Domestic Taxes
comment Comments
E-mail Print share
  September 8, 2010, 12:00 pm

Manufacturers association launches ad opposing energy tax increases

By Jay Heflin

The National Association of Manufacturers (NAM) on Wednesday launched a multi-state, multi-million-dollar ad campaign opposing the energy tax increase President Obama seeks to pay for his $50 billion infrastructure initiative. 

The ad's message is that tax increases will limit job growth in the country. 

Read more...
Archived under: Domestic Taxes
comment Comments
E-mail Print share
  September 8, 2010, 9:57 am

Camp backs Boehner in calling to extend Bush tax cuts

By Jay Heflin

House Ways and Means Committee ranking member Dave Camp (R-Mich.) on Wednesday supported the call by House Minority Leader John Boehner (R-Ohio) to continue the George W. Bush-era tax cuts for the next two years.


Read more...
Archived under: Domestic Taxes
comment Comments
E-mail Print share
 
« Start< Prev191192193194195196197198199200Next >End »
 

More Videos »

On The Money Twitter - Click to follow
bloglogo

More Briefing Room »

More Congress Blog »

More Pundits Blog »

More Twitter Room »

More Hillicon Valley »

More E2-Wire (Energy) »

More Ballot Box »

More On The Money »

More Healthwatch »

More Floor Action »

More Transportation »

More DEFCON Hill »

More Global Affairs »

More In The Know »

More RegWatch »

Get latest news from The Hill direct to your inbox, RSS reader and mobile devices.