Taxes

As NewsBusters reported yesterday, Warren Buffett has spent years campaigning with the liberal media to raise taxes on the rich. Buffett has found an ally in President Obama to implement the "Buffett rule," a complicated and misinformed proposal that would raise taxes even more on the wealthy. As explained by the Tax Foundation: During his Rose Garden speech [Monday], President Obama once…

It’s good to see the editorial board at the Times Union isn’t even bothering to mask their liberal bias these days.  Via a blog known as The Observation Deck, which boasts some of the more prominent members of the newspapers staff, including editor and vice-president, Rex Smith, editor-at-large, Harry Rosenfeld, and publisher George R. Hearst III, the Union has been printing some of the most…

British-born MSNBC afternoon anchor Martin Bashir devoted his September 20 "Clear the Air" commentary to clouding the issue of raising taxes by citing the clause in Article I, Section 9 of the U.S. Constitution's that bans Congress from granting titles of nobility (video follows page break):

President Barack Obama's nicknaming his new tax increases on the wealthy the "Warren Buffett rule" is fitting since the billionaire has spent a decade campaigning for a tax hike, a campaign his friends in the liberal media have been more than willing to join. For over 10 years the media promoted Buffett's complaint that the wealthy in America don't pay enough in taxes, spurred on by a Buffett's…

New MSNBC daytime host Craig Melvin is quickly adapting to the network's liberal ethos. Melvin, who was hired this summer from Washington, D.C. NBC station WRC-TV, pressed Sen. John Barrasso (R-Wyo.) from the left in an interview shortly after noon today about Republican opposition to President Obama's call for tax hikes on higher income earners. [video follows page break]

Hours after NewsBusters debunked the myth about the rich paying less taxes as a percent of income than lower earners, and minutes before the Associated Press confirmed our figures, Joe Scarborough said Tuesday, "The average millionaire-billionaire pays eighteen percent in taxes in America." Going completely contrary to actual Internal Revenue Service data released weeks ago, the "Morning Joe…

The Washington Post religion page is thundering from the pulpit again, preaching to the liberal choir on the godliness of higher taxes. In "It's not 'class warfare,' it's Christianity,"  "On Faith" contributor and liberal theologian Susan Brooks Thistlethwaite defends President Obama's call for tax hikes on top income earners, arguing in essence that President Obama is helping us all be…

“President Obama has declared it is time to take action on taxes because people in the middle class are paying a larger percentage of income tax than the super-rich,” ABC anchor Diane Sawyer announced Monday night without bothering to note, as neither did CBS nor NBC, that the super-rich are already paying a disproportionate share of income taxes. ABC reporter Bianna Golodryga, who is…

As President Obama trots out his new "Buffett Rule" to raise taxes on millionaires, the media are predictably assisting his efforts by spreading misinformation about the wealthy paying less taxes than lower wage earners as a percent of income. 2009 tax figures recently released by the Internal Revenue Service thoroughly refute this assertion:

Talking to "Meet the Press" moderator David Gregory on Sunday's NBC Today, co-host Jenna Wolfe asked about President Obama's proposed "Buffet Rule," designed to increases taxes on the rich, which she assumed "will sit well with the American people overall." David Gregory agreed but lamented: "...the President's got to think about what he can do to actually get some agreement with Republicans…

CNN business correspondent Christine Romans claimed Monday that "any serious budget expert's analysis" concludes that taxes must increase. During CNN's coverage of President Obama's address concerning his deficit reduction plan, Romans asked not if, but when Republicans should get on board with his proposals. "So at what point do Republicans say, okay, we agree that taxes have to go up, and…

Sunday’s lead New York Times story by White House correspondent Jackie Calmes pushed the president’s new plan to raise taxes on “the wealthy.” The president, in what the Times seems to think is a bright idea, is calling his proposal the “Buffett rule,” after the billionaire who made waves with his complaint, printed in the Times, that uber-wealthy investors like him were not being taxed enough…

It will be interesting to see if a quote noted at the end of Jim Kuhnhenn's early Associated Press report about the President Obama's proposed tax increases (saved here for future reference, fair use and discussion purposes) makes the cut in later revisions. I'll bet not, because it sends both the arrogance and ignorance meters well into the red. This post will look at the first and third…

Even Chuck Todd thinks President Obama's new tax plan is a joke. When asked on MSNBC Monday if the White House believes "tax reform in the context of the Super Committee is a realistic goal," NBC's chief White House correspondent broke out laughing followed by the entire "Morning Joe" panel (video follows with transcript and commentary):