Taxes

After pushing for the government to save the day as the economy comes to grips with bad business decisions made in the credit markets, “CBS Evening News” doesn’t think the government’s tax rebate will be enough. “The government started sending out those tax rebate checks today, but they may not do all that much to stimulate the economy because a lot of the money will be used to pay for basic…

President Bush is holding a press conference on the U.S. economy. I'll be blogging the questions to the president below. Video of Bush/Raddatz clash here (audio available here).Video of Stolberg and Ryan on recession here (audio here)My bottom line analysis (11:25): The two R's of bias from this Rose Garden presser: Martha Raddatz on Syria and numerous reporters on the dreaded R-word, recession.…

One man's pork spending is another's "relative bargain" according to the "Follow the Money" segment on the April 15 "CBS Evening News." The newscast commemorated Tax Day by featuring what federal tax dollars are spent on, but what they chose to highlight was peculiar. "The biggest tab for taxpayers is defense," CBS correspondent Bob Orr reported. "The average American household is paying $2,…

Network journalists have yet to meet a spending hike or regulation that they considered unwise, but any tax cut is always ill-advised and helps “the wealthy.” Living up to the pattern -- and illustrating how John McCain will earn media scorn for any conservative policy proposal -- NBC Nightly News anchor Brian Williams set up a Tuesday story on McCain's economic plan by emphasizing how “some…

Well, it's April 15th and we all know what that means. It's tax day, the day when we must pay tribute to the Lords in Washington. And on that day, The New York Times published a new spendaholic, high taxing idea to fool America's taxpayers into accepting more tax by pretending it is something else. Stuffed with bad historic interpretation, Republican slamming, and typical old style Stalinist…

To mark Tax Day, Whoopi Goldberg, a strong critic of high taxes, railed against how much the government takes from her paycheck. On the April 15 edition of "The View," Whoopi displayed some of her bills with the many government fees attached to it. She also felt she was being punished for her success even calling it "un-American" and wondering why she never gets a "break."Co-host Elisabeth…

It's deadline day today for filing your federal income taxes -- and Walter Rodgers, a former ABC News and CNN correspondent is thrilled, proclaiming in a recent Christian Science Monitor op-ed: “I'm happy to pay my fair share to the government. It's part of my patriotic duty -- and it's a heckuva bargain.” Rodgers proceeded to scold “chest thumpers who paper their cars with chauvinistic bumper…

Do we all get free wooden shoes? Barack Obama didn't say. But he does have an Impossible Dream to cut poverty that would make Don Quixote proud. Put people to work . . . building windmills. His idea came in response to a question at last night's Compassion Forum on CNN from Jim Wallis, a leading member of the religious left whose focus is "social justice." Wallis wanted Obama to commit to a…

Just in time for Tax Day, the April 13 issue of Parade magazine gave readers left-wing talking points on corporate taxation dressed up as objective reporting.Contributor Gary Weiss cited two left-wing interest groups and liberal Democratic congressman Richard Neal (D-Mass.) in "Are You Paying For Corporate Fat Cats?" By the end of the article, readers are all but left to seethe an angry "yes!" to…

Like characters in a Currier & Ives scene, a gentle snow has covered the Clintons. Make that a gentle Snow . . . On yesterday's Hardball, Chris Matthews, smelling a rat, was livid when he learned that the Clintons had failed to file or release their 2007 tax return. But on today's Good Morning America, Kate Snow managed to make a silk purse out of the sow's ear of the Clinton's delay. Far…

On Thursday's "Good Morning America," investigative reporter Brian Ross provided a refreshingly thorough look into the failure of Bill and Hillary Clinton to release their tax records and to the fact that, despite Hillary Clinton's railing against how the wealthy misuse the tax code, the power couple have investments in off shore locations such as the Cayman Islands. Unsurprisingly, "This Week"…

The Chicago Sun-Times really pulled a whopper in their March 26th piece about a tax on bottled water that the Chicago City Council passed earlier this year. Chicago levied a 5 cent a bottle tax on each unit of bottled water sold in the city expecting to raise $875,000 a month on the tax. But somehow this windfall to the city has yet to be realized with the tax booty so far only amounting to $…