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Bush Tax Cuts
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Obama brings message of change to Fargo; declares more should be done to honor service of veterans (Fargo Forum)
UPDATED 4:20 p.m. FARGO - Democratic presidential candidate Barack Obama brought his message of change to Fargo today, telling a group of veterans and about 1,000 spectators that he would improve veteran services, engage in diplomacy with Iran and roll back the Bush administration's tax cuts on the wealthiest Americans. Advertisement: CSM Lodging $25 Gas Card With Select Weekend and ... Bush's Dollar Drop Maps Loss of U.S. Clout at Final G-8 Summit (Bloomberg.com)
July 3 (Bloomberg) -- When President George W. Bush went to his first Group of Eight summit in 2001, a dominant issue was the dollar -- the strong dollar, that is. The U.S. currency was on a record-setting streak, and the free-marketeering president wasn't going to stand in the way. FactCheck.org: Tax Tally Trickery (HuffingtonPost)
Republicans claim Obama "voted 94 times for higher taxes." But their count is inflated and misleading.SummaryThe McCain campaign and the Republican National Committee both... Factcheck.org: Miscounting Obama's Tax Votes (Newsweek)
Republicans claim Obama "voted 94 times for higher taxes." But their count is inflated and misleading. Whether McCain or Obama, Tax Hike Looms (The New York Sun)
At least one person in Washington remembers that the Bush tax cuts are due to expire, setting the stage for a huge tax increase over the next decade. It's a good thing, since a collective amnesia seems to have settled over the Beltway. Candidates propose raising taxes here, there, and everywhere, conveniently forgetting that an increase is on the way, no matter who is elected. The newly ... More job cuts expected in coming months (WHOI Peoria)
Thursday, July 03, 2008 at 4:47 p.m. WASHINGTON, DC (AP) -- Unemployment lines, painfully long this July Fourth, are only going to get longer. Job cuts worsen economic outlook (San Diego Union-Tribune)
U.S. employers eliminated tens of thousands of jobs in June for the sixth consecutive month in a steady chipping away of the work force that seems likely to leave the economy weak through Election Day. Repealing tax cuts hurts taxpayers, not IRS (Montgomery Advertiser)
Mr. Nolte, you said Obama plans to repeal the Bush tax cut because it would 'cost' the IRS $4 trillion over 10 years. McCain, Obama promise better times (Moldova.org)
The presumptive Democratic and Republican presidential nominees each blamed the other party Thursday for the latest bad economic news.The two senators, Democrat Barack Obama of Illinois and Republican John McCain of Arizona, responded to a report that 62,000 jobs disappeared in June by detailing their plans to improve the economy, The Hill reported.Obama called for tax cuts for the middle class, ... Stayin' Alive: How to Cheat The Estate Tax (WallStreet Journal via Yahoo! Finance)
Congress and the next president are expected to reach a compromise on future estate tax rules. Here's a look at what tax plans could lie ahead and how families would be affected by them.
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