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It's All Politics
Boehner Faces Conservative Backlash Over 'Fiscal Cliff' Talks
December 6, 2012 As House Speaker John Boehner tries to work with President Obama to prevent automatic tax increases and spending cuts, he is taking heat from members of his own party. Some conservatives think he gave up too much, too soon in his opening offer.
It's All Politics
Would Raising Taxes On Investment Income Hurt The Economy?
November 29, 2012 The rates on capital gains and dividends are on the table in the negotiations over the fiscal cliff. Some complain that it would hurt companies' stock prices, giving them less money to invest. But other economists say it's unlikely to have strong effects.
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Why Dividends, Capital Gains Are Big Part Of Fiscal Cliff Talks
November 29, 2012 The tax code has long favored investment income over the money you get in your paycheck. But today's rates on dividends and capital gains are especially low, dating to tax cuts installed under President George W. Bush. And they're one target in the talks to avert a so-called fiscal cliff.
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Fiscal Cliff Compromise: Devil Is In The Definition Of Revenue
November 27, 2012 It's now widely agreed that steering away from the fiscal cliff — the combination of spending cuts and tax increases set to hit at the start of the year — will require some combination of revenue increases and spending cuts. The central sticking point could well be whether President Obama and Congress can agree on the definition of revenue.
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Fiscal Cliff Would Only Dent The Deficit
November 13, 2012 Virtually everyone agrees that allowing the nation to fall off the so-called fiscal cliff would be a bad thing. Government programs would be cut, taxes would rise, and experts say the economy would fall back into recession. And after all that, the nation still would be dealing with a budget deficit.