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 WP: The Senate blocked legislation Wednesday that would have established a $1 billion jobs program putting veterans back to work tending to the country’s federal lands and bolstering local police and fire departments. Republicans said the spending authorized in the bill violated limits that Congress agreed to last year.…
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 WP: Mitt Romney’s comments on the 47 percent of Americans who make too little to pay income tax and “will vote for this president no matter what” are causing him some political problems this morning. But could they cause him any electoral problems? Is he really insulting anyone who…
Read More »
From ThinkProgress: Sheldon Adelson, the billionaire casino mogul who spent tens of millions of dollars seeking to buy Congress and the White House for Republicans, now has a new partner in this effort:
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 »
Visit NBCNews.com for breaking news, world news, and news about the economy (8)
Read More »