Taxes

In a recent interview, House Majority Leader Steny Hoyer (D-Md.) said that the Bush tax cuts that affect the middle class should not be considered "totally sacrosanct." The number two Democrat in the House of Representatives "acknowledg[ed] that it would be difficult to reduce long-term deficits without breaking President Obama's pledge to protect families earning less than $250,000 a year,"…

For taxpayer-funded PBS, the blueprint for America's future is centered on advancing the Obama administration's taxpayer-funded green agenda. In the June 17 installment of "Blueprint America," Miles O'Brien, a "NewsHour" special correspondent, hailed Dubuque, Iowa as the "city of the future" for transforming itself into a liberal beacon of environmental sustainability.O'Brien's piece showered…

MSNBC contributor Lawrence O'Donnell will take over at the 10 pm slot, the cable network announced Tuesday. O'Donnell, who guest-hosted "Countdown" while Keith Olbermann was on leave, is a self-described socialist, and will fit in nicely with the rest of MSNBC's prime-time lineup.The 10 pm slot has up to this time been "Countdown" reruns, so MSNBC viewers will now be treated to a tad different…

Sometimes even the seemingly most unreasonable characters as far public policy goes can be reasoned with if the circumstances are right. Just sometimes it takes someone like Steve Forbes to pull it off. On the June 14 broadcast of MSNBC's "Morning Joe," Forbes explained that a flat tax might be the medicine that Greece, a country on the fiscal brink needs. "Well, when you engage in binge…

Editor's Note: The following originally appeared at Andrew Breitbart's Big Hollywood. M. Night Shyamalan’s latest film production, "The Last Airbender," was recently awarded over $35 million in film tax credits from Pennsylvania over two years.  The award is the largest in the history of Pennsylvania’s Film Tax Credit (FTC), breaking the record held by his previous project, "The Happening,"…

NBC's Meredith Vieira, on Monday's Today show, gave Caroline Kennedy her annual spot on the air to honor the latest liberal heroes to win the John F. Kennedy Profile in Courage Award, this year given to California legislators who demonstrated the "courage" to raise taxes as a solution to that state's budget crisis. Kennedy spoke to Vieira, along with award winners California State Senators…

Former Democratic operative turned journalist George Stephanopoulos gushed over well known Democrat Caroline Kennedy on Monday as she touted the latest recipients of the Profile in Courage Award. The current winners include two California state Republicans who bucked the vast majority of their party to support tax increases in the 2009 budget. In addition to Kennedy, Stephanopoulos also…

On Tuesday’s Larry King Live on CNN, a pre-recorded interview with Mick Jagger was shown in which the English musician talked about his decision to leave his home country in the 1970s to escape the 90 percent marginal tax rates of the time on high-income earners. After noting that he had made bad financial decisions in his earlier days of success, he recounted: "We had to leave England to acquire…

Could the New York Times not find an outspoken critic of the Senate's new Cap and Trade bill? Either one could not be found, or they opted not to include such a critic in the paper's report on the unveiling of the legislation.The Times devoted 21 paragraphs to the new Kerry-Lieberman Cap and Trade bill -- proposed on Wednesday -- but did not even mention an actual critic of the legislation until…

The comparison of the results contained in the April 2010 Monthly Treasury Statement released this afternoon to April of last year is bad enough. But if the American people knew that April 2010 came in about a quarter-trillion dollars worse than both 2007 and 2008 with almost 40% less in tax collections, most of them would be appalled. Many more than are already doing so would be questioning what…

Jeanne Sahadi at CNNMoney.com has finally realized Social Security needs urgent reform - and by reform, she means going after the wealthy, of course. On Monday, Sahadi reported on news from the Congressional Budget Office that Social Security is dipping into savings already this year and will not be able to meet its obligations by 2037. That's at least 15 years earlier than what the CBO had…

On CBS's Sunday Morning, correspondent Mark Phillips described the latest adaptation of the Robin Hood legend by director Ridley Scott and starring Russell Crowe: "And so here is an evil King John, squeezing his subjects for more taxes....And here is Robin. Not as a thief, but as a revolutionary figure trying to limit the King's power. Robin Hood meets Che Guevara." [Audio available here]   …

Tax bills fell to the lowest level since 1950 in 2009, according to a new analysis from USA Today. But don't be fooled into thinking that's a good thing. The newspaper downplayed the pain caused by the recession and the fact that the downturn lowered both incomes and consumption. USA Today undermined criticism of taxes saying, "Amid complaints about high taxes and calls for a smaller…