From The Nation: That’s not just a rhetorical question: In Mitt Romney’s heart of hearts, maybe all he really wanted was the Republican nomination. Every time Romney gets an opportunity to reset the narrative of the election, he makes some psychologically revealing mistake. Giving Clint Eastwood his spotlight, rattling a…
Read More »
From ThinkProgress: According to a Tax Policy Center analysis, Romney’s plan would increase after-tax income for those making more than $200,000 annually, while lowering it for everyone else: The upshot of Romney’s plan is that “taxpayers with incomes over $1 million would see their after-tax income increased by 8.3 percent…
Read More »
From The Nation: The nonpartisan Tax Policy Center says roughly 46 percent of Americans paid no income tax for the last year where numbers are available, 2011. Slightly less than half of those who do not pay take advantage of tax breaks designed to ease the burden on elderly Americans…
Read More »
From LFG: David Corn of Mother Jones revealed tonight on the Rachel Maddow show that the already-infamous Mitt Romney “47%” video was recorded at a fund-raising event at the Hamptons home of equity trader Mark Leder. Leder has been in the news before, and Mitt Romney’s religious right sponsors may…
Read More »
From ThinkProgress: It’s only September, but Mitt Romney has already written off almost half the country’s voters. A hidden-camera recording obtained by Mother Jones captures Romney at a private fundraiser telling donors that, “There are 47 percent of the people who will vote for the president no matter what. All…
Read More »
From The Atlantic: In 1990, President George H. W. Bush raised taxes, and GDP growth increased over the next five years. In 1993, President Bill Clinton raised the top marginal tax rate, and GDP growth increased over the next five years. In 2001 and 2003, President Bush cut taxes, and…
Read More »
From Detroit Free Press: Romney’s comments came an interview broadcast Friday on ABC’s “Good Morning America.” “No one can say my plan is going to raise taxes on middle-income people, because principle number one is (to) keep the burden down on middle-income taxpayers,” Romney told host George Stephanopoulos. “Is $100,000…
Read More »
From DemocracyNow: A new article by reporter Matt Taibbi in Rolling Stone sheds new light on the origin of Republican presidential candidate Mitt Romney’s fortune, revealing how Romney’s former firm, Bain Capital, used private equity to raise money to conduct corporate raids. Taibbi writes: “What most voters don’t know is…
Read More »
