Rove: GOP Ignores Tea Parties at Own Peril

Jackie Hogan gives 4 reasons today's GOP would write off Abe

(NEWSER) - Sure, the GOP calls itself the "Party of Lincoln," but would today's Republicans actually nominate him for president? Writing in the Christian Science Monitor , Jackie Hogan gives four reasons why they wouldn't:

1. He was the first president to make income tax law—and it was a progressive income tax that required the richest to pay a higher rate. What's more, he taxed earned income and capital gains at the same rate.

GOP counterattacks after Obama targets Chamber funding

(NEWSER) - The GOP is rejecting accusations from President Obama and the Democratic National Committee that its allies are using funds from foreign donors to underwrite election campaigns. The White House is urging the Republican-allied US Chamber of Commerce to open its books to prove that foreign money isn't illegally being used to finance political activities, the Washington Post reports. A Chamber spokesman says a Democratic ad accusing the group of "using secret foreign money" is "ridiculous and false." More»

Battle for party's soul is won, says Daily Show host

(NEWSER) - With Karl Rove having fallen into line after some pressure from Sarah Palin and endorsed Christine O'Donnell , it's time to stop talking about the Tea Party movement as "a battle for the Republican Party's soul," argues Jon Stewart. The Tea Partiers are, at heart, conservative Republicans and they've already won, the Daily Show host points out. More»

GOP is trying to return to 43rd president's policies

(NEWSER) - Given his approval ratings, Republicans had no choice but to distance themselves from George W. Bush in 2008. But make no mistake, writes Paul Krugman: They still loved him and his policies, so much so that GOP leaders have now "come out for a complete return to the Bush agenda, including tax breaks for the rich and financial deregulation." More»

Recession, stimulus shrink tax rate to 60-year-low

(NEWSER) - You wouldn't know it from the clamor of anti-tax protests, but Americans turned over a lower share of their income to the taxman last year than at any time since the Truman administration, according to a USA Today analysis. State, local, and federal taxes took up 9.2% of income last year, the lowest proportion since 1950 and well below the average of 12% over the last 50 years. More»