tax reform – News Stories About tax reform - Page 3

Sep 1, 2011 9:12 AM CDT

Jon Huntsman Proposes Vast Tax Overhaul

Plan would hack taxes on rich, effectively raise them on middle class

(Newser) - Languishing in polls, Jon Huntsman veered to the right yesterday, laying out a sweeping economic plan that would scrap a variety of regulations, slash taxes dramatically for the wealthy, and eliminate loopholes. “Our tax code is too complex, our rates are too high, and the tax burden is carried...

Obama: We'll Always Be AAA

Aug 8, 2011 1:23 PM CDT

Obama: We'll Always Be AAA

President addresses downgrade with optimism

(Newser) - Barack Obama did his best to reassure the country after the Standard & Poor’s downgrade of the US credit rating. S&P pulled the trigger “not so much because they doubt our ability to pay our debt,” Obama explained , but because “they doubted our political system’...

President Obama and John Boehner May Be Nearing Deal on Budget Deficit, Debt Ceiling

Obama, Boehner Near
'Grand Bargain'—Maybe

Jul 21, 2011 2:36 PM CDT

Obama, Boehner Near 'Grand Bargain'—Maybe

Reports cite $3T deal with tax reform, entitlement changes

(Newser) - President Obama and John Boehner are reportedly back at the bargaining table, and they could be near a deal to cut the deficit and raise the debt ceiling. The rumored $3 trillion agreement between the administration and top Republicans could include entitlement changes and set plans for tax reform, reports...

Pawlenty: Obama a 'Champion' of Class Warfare

Jun 7, 2011 11:39 AM CDT

Pawlenty: Obama a 'Champion' of Class Warfare

Calls for huge tax cut for wealthy in speech

(Newser) - Tim Pawlenty delivered a combative speech today in which he called for massive changes in the tax code and accused Barack Obama of being a “champion practitioner of class warfare.” Pawlenty proposed a system with just two tax brackets, taxing the first $50,000 of income ($100,000...

Fix the Budget Deficit by Reforming the Tax Code: Clive Crook

Tax Reform: The
Simple, Perfect
Budget Fix

OPINION

Apr 18, 2011 1:51 PM CDT

Tax Reform: The Simple, Perfect Budget Fix

Both parties can get what they want: just fix the 'lunatic' tax code, writes Clive Crook

(Newser) - Tax Day is a painful reminder that Form 1040 "is to personal finance as waterboarding is to asking some questions," writes Clive Crook in the Financial Times . But it doesn’t have to be: "If ever there were a free lunch, if ever there were a dollar...

Obama Mulls Tax Code Overhaul: Cut Breaks, Rates

Dec 10, 2010 9:33 AM CST

Obama Mulls Tax Code Overhaul: Cut Breaks, Rates

Move would be attempt to address national debt

(Newser) - The Obama administration is investigating sweeping income tax code reform as a means of shrinking the deficit, the New York Times reports. President Obama has called on advisers to look into cleaning up the income tax code, ridding it of complexities and loopholes to make it more straightforward for both...

Obama Should Scrap the Current Tax Code

David Brooks

Dec 3, 2010 12:37 PM CST

Obama Should Scrap the Current Tax Code

David Brooks: Starting over might actually unite both parties

(Newser) - Barack Obama shouldn’t worry about tweaking the current tax system—he should try to replace it, writes David Brooks of the New York Times . In Brooks’ vision, Obama would go before the American people and end the Bush tax cut debate. “I have my own views,” he...