Taxes

Oh, now they tell us. As Republicans lick their political wounds, Democrats bask in the glory of winning what was suppose to be a highly contested election, and Washington is abuzz about the looming fiscal cliff which will plunge millions of Americans into higher taxes, The New York Times’ Jonathan Weisman wrote today that liberals are now seeing some of Romney’s economic agenda as beneficial…

We at NewsBusters and the Media Research Center are located just inside the Capital Beltway in Old Town Alexandria. If any place is going to have folks walking around aware of the so-called fiscal cliff -- when the Bush tax cuts expire and automatic spending cuts are set to kick in -- you'd think it would be here. But MRCTV's Dan Joseph found that most folks on the street were unaware of the…

[UPDATE BELOW] CNN's Christine Romans and Soledad O'Brien teamed up on Rep. Jason Chaffetz (R-Utah) on Tuesday's Starting Point, pressuring him to renege on his pledge not to raise tax rates. "So would you be fine doing a compromise where you would go against your signature on that pledge?" O'Brien pressed Chaffetz over Grover Norquist's pledge not to hike tax rates and not to increase tax…

CNBC’s Jim Cramer predicted a possible recession by Christmas if lawmakers didn’t step up and make some sort of deal in regards to the looming fiscal cliff. His prediction came during an Nov. 11 appearance on NBC’s “Meet the Press.” “We can gift wrap a recession by Christmas. We can set it right into place without some agreement,” Cramer told “Meet the Press” host David Gregory. He attributed…

Last Friday, in his first post-election remarks on PBS and NPR, New York Times columnist David Brooks downplayed his usual bash- conservatives  narrative, and actually castigated liberals for wanting to go over the looming fiscal cliff.  He said that liberals are more organized, they’ve won the election, and will get most of what they yearn for if we do go over the waterfall: increased revenue…

Sounding more like a Democratic strategist on Sunday's Meet the Press than NBC's political director, Chuck Todd urged President Obama to force congressional Republicans into a corner on the fiscal cliff: "...go do it with 65-70 members of the Senate, cut the deal, bring it over to the House....box Boehner in....did the President learn anything from his first term about how to deal with…

Stop the presses! Stop the presses! The Washington Post's Bob Woodward on The Chris Matthews Show Sunday not only called Democrat visions of balancing the budget by raising taxes on the rich a "fantasy," but he also said "there is a way to...raise more revenue and perhaps lower the rates" (video follows with transcript and commentary):

Those in the press who claim to completely understand why stock market indices containing 30, 500, or thousands of individual companies went up or down on any given day are at best theorizing and at worst dissembling. The way the press handled this week's decline by blaming it all on the "fiscal cliff," as if it only became relevant on Wednesday morning, definitely fits in the latter category.…

Proudly claiming the legendary outlaw Robin Hood as their inspiration, liberal groups and past Occupy Wall Street supporters are pushing for a “Robin Hood Tax” on corporate transactions. George Soros’s Open Society Foundation, Bill Moyers’s Schumann Center for Media and Democracy and the liberal Tides Foundation and Proteus Fund have given over $4 million to organizations that support the tax,…

[UPDATED BELOW] CNN's Soledad O'Brien showed her glaring liberal double standard on Thursday, citing a liberal source to debunk Mitt Romney's tax plan while casting its supporters as either "completely partisan" or unworthy sources. Her source, the Tax Policy Center, is the joint venture of two liberal think tanks, but since the American Enterprise Institute is a "conservative think tank" O'…

CNN's Anderson Cooper cited the liberal Tax Policy Center debunking Mitt Romney's tax plan on Monday, without noting that one of the authors admitted the plan could still work with different assumptions. He waited until the end of his report to admit that the studies in question were "making assumptions." "[A] bipartisan panel of three authors for the Tax Policy Center examined the plan and…

Reviewing the questions posed at Thursday night's vice presidential debate, ABC correspondent Martha Raddatz clearly favored Team Obama. Out of 48 discrete questions and follow-ups, a plurality (19, or 40%) incorporated a pro-Obama/Biden or anti-Romney/Ryan agenda, vs. 25% (12 questions) that skewed in the other direction and 35% (17 questions) that were neutral or purely information-seeking.…

As the GOP candidate for vice president in the November 6 national election, Wisconsin Republican Paul Ryan is interviewed by dozens of local and national reporters every day, and most of the discussions are straightforward and informative. However, one conversation on Monday led Ryan to observe that the last question from Terry Camp, a reporter from WJRT-TV, ABC 12 in Flint, Michigan, was "…

This election has seen its fair share of tax rhetoric. From Sen. Harry Reid (D-Nev.) accusing Mitt Romney of not paying any taxes for over a decade to MSNBC contributor Joan Walsh insinuating that Ann Romneythrew a “tantrum” over her husband's tax returns, the Romneys have been the target of the political left seeking to use class warfare as a political cudgel. Endless ads and news segments by…