Taxes

President Obama to begin Debt Negotiations by calling for $1.6 Trillion in additional Tax Revenue over the next Decade

November 13, 2012

“Reverting to Clinton-era rates on incomes greater than $250,000 would raise $1 trillion; the rest could come from capping deductions, the method Republicans prefer but which would be insufficient alone.”

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Congressional Democrats considering a Hard Cap on Income Tax Deductions, an idea originally proposed by Romney

November 13, 2012

““Let’s just say there’s a renewed interest,” said Senator Kent Conrad, Democrat of North Dakota and chairman of the Senate Budget Committee. “Part of it is people reflecting on Obama’s proposal, but when Romney said what he said, it just added fuel.””

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Conservative Bill Kristol on Fox News: It won’t kill the country if we raise taxes a little bit on Millionaires

November 13, 2012

“Recognizing the self-evident — that “elections have consequences” — Kristol went on to suggest that perhaps it was time for the Republican Party and the conservative movement writ large to “pull back, let people float new ideas.”"

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Former Republican Vice Presidential Candidate Paul Ryan blames the loss on “unexpected urban turnout”

November 13, 2012

“”I don’t think we lost it on those budget issues, especially on Medicare – we clearly didn’t lose it on those issues.”"

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Senate Minority Leader Mitch McConnell (R-KY): Republicans won’t “roll over” on Tax Hikes

November 8, 2012

“This election was a disappointment, without doubt, but let’s be clear about something: the House is still run by Republicans, and Republicans still maintain a robust minority in the Senate.”

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Republican House Speaker John Boehner (OH): Raising Taxes is “unacceptable”

November 8, 2012

“That stance could set up a real showdown with the White House given that the president has said he would veto any deal that does not allow tax cuts for the rich to expire.”

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Exit Polls indicate that a Majority of American Voters support Raising Taxes on the Wealthy

November 7, 2012

“About half said taxes should be raised on income over $250,000 per year, as Obama wants.”

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IRS urges Judge to reject Solyndra’s Bankruptcy Plan, call it an attempt at tax evasion

October 11, 2012

“Arguing that the bankruptcy court ought not confirm a plan “whose principal purpose is tax avoidance,” attorneys said in filings in U.S. Bankruptcy Court in Delaware that the tax breaks would be worth more money than funds set aside for creditors.”

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Americans for Tax Return: Top 5 Obama Tax Hikes

October 7, 2012

“Starting in 2014, anyone not buying “qualifying” health insurance – as defined by President Obama’s Department of Health and Human Services — must pay an income surtax to the IRS.”

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Fact-Checking Governor Romney in the First Presidential Debate — Taxes and the Deficit

October 4, 2012

“Romney said six tax studies look at a study that Obama described and “say it’s completely wrong.” Previously, Romney has claimed that five studies back his tax plan. We found that Mostly False.”

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Fact-Checking President Obama in the First Presidential Debate — Taxes and the Deficit

October 4, 2012

“Obama said that “independent studies” looking at Romney’s tax plan say the only way to meet Romney’s goal of not adding to the deficit is by “burdening middle class families.”"

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New Jersey Governor Chris Christie (R) accuses Obama of lying about Romney’s Tax Plan — then misrepresents Romney’s Plan

October 1, 2012

“CHRISTIE: Yeah . . . Gov. Romney’s not talking about more tax cuts for the wealthy. In fact, what he said is that the wealthy will pay just as much under a Romney administration as they pay today.”

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Paul Ryan: It would take me too long to explain Romney’s Tax Plan

September 30, 2012

““No matter how many times they tell you they’re gonna start talking specifics really soon, they don’t do it,” Obama said. “And the reason is because the math doesn’t work.””

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Americans for Tax Reform: 5 Worst ObamaCare Taxes coming up in 2013

September 30, 2012

The tax increases outlined amount to $258 billion.

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Paul Ryan: Romney’s tax plan is revenue-neutral and would create 7 million jobs

September 30, 2012

“”In the final analysis, the president will offer more of same, but with another round of stimulus and higher taxes on job creators,” Ryan said.”"

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