Taxes

President Barack Obama's nicknaming his new tax increases on the wealthy the "Warren Buffett rule" is fitting since the billionaire has spent a decade campaigning for a tax hike, a campaign his friends in the liberal media have been more than willing to join. For over 10 years the media promoted Buffett's complaint that the wealthy in America don't pay enough in taxes, spurred on by a Buffett's…

New MSNBC daytime host Craig Melvin is quickly adapting to the network's liberal ethos. Melvin, who was hired this summer from Washington, D.C. NBC station WRC-TV, pressed Sen. John Barrasso (R-Wyo.) from the left in an interview shortly after noon today about Republican opposition to President Obama's call for tax hikes on higher income earners. [video follows page break]

Hours after NewsBusters debunked the myth about the rich paying less taxes as a percent of income than lower earners, and minutes before the Associated Press confirmed our figures, Joe Scarborough said Tuesday, "The average millionaire-billionaire pays eighteen percent in taxes in America." Going completely contrary to actual Internal Revenue Service data released weeks ago, the "Morning Joe…

The Washington Post religion page is thundering from the pulpit again, preaching to the liberal choir on the godliness of higher taxes. In "It's not 'class warfare,' it's Christianity,"  "On Faith" contributor and liberal theologian Susan Brooks Thistlethwaite defends President Obama's call for tax hikes on top income earners, arguing in essence that President Obama is helping us all be…

“President Obama has declared it is time to take action on taxes because people in the middle class are paying a larger percentage of income tax than the super-rich,” ABC anchor Diane Sawyer announced Monday night without bothering to note, as neither did CBS nor NBC, that the super-rich are already paying a disproportionate share of income taxes. ABC reporter Bianna Golodryga, who is…

As President Obama trots out his new "Buffett Rule" to raise taxes on millionaires, the media are predictably assisting his efforts by spreading misinformation about the wealthy paying less taxes than lower wage earners as a percent of income. 2009 tax figures recently released by the Internal Revenue Service thoroughly refute this assertion:

Talking to "Meet the Press" moderator David Gregory on Sunday's NBC Today, co-host Jenna Wolfe asked about President Obama's proposed "Buffet Rule," designed to increases taxes on the rich, which she assumed "will sit well with the American people overall." David Gregory agreed but lamented: "...the President's got to think about what he can do to actually get some agreement with Republicans…

CNN business correspondent Christine Romans claimed Monday that "any serious budget expert's analysis" concludes that taxes must increase. During CNN's coverage of President Obama's address concerning his deficit reduction plan, Romans asked not if, but when Republicans should get on board with his proposals. "So at what point do Republicans say, okay, we agree that taxes have to go up, and…

Sunday’s lead New York Times story by White House correspondent Jackie Calmes pushed the president’s new plan to raise taxes on “the wealthy.” The president, in what the Times seems to think is a bright idea, is calling his proposal the “Buffett rule,” after the billionaire who made waves with his complaint, printed in the Times, that uber-wealthy investors like him were not being taxed enough…

It will be interesting to see if a quote noted at the end of Jim Kuhnhenn's early Associated Press report about the President Obama's proposed tax increases (saved here for future reference, fair use and discussion purposes) makes the cut in later revisions. I'll bet not, because it sends both the arrogance and ignorance meters well into the red. This post will look at the first and third…

Even Chuck Todd thinks President Obama's new tax plan is a joke. When asked on MSNBC Monday if the White House believes "tax reform in the context of the Super Committee is a realistic goal," NBC's chief White House correspondent broke out laughing followed by the entire "Morning Joe" panel (video follows with transcript and commentary):

Hours before President Obama is to unveil a proposal to raise taxes on America's rich, one of former President Bill Clinton's key advisers has come out strongly against the current White House resident and this move. For this reason, Mark Penn's "Obama -- Don't Bring Back Class Warfare," published at the Huffington Post Sunday evening, is destined to raise a lot of eyebrows on both sides of…

Senate Minority Leader Mitch McConnell (R-Ky.) doesn't think the President's new "Buffett Rule" to create a higher tax rate for millionaires makes sense. Speaking on Sunday's "Meet the Press," McConnell said, "With regard to his tax rate, if [Warren Buffett's] feeling guilty about it, I think he should send in a check" (video follows with transcript and commentary):

CNN's American Morning brought on liberal academic Jeffrey Sachs to analyze Speaker Boehner's jobs plan Friday. Instead of hosting a conservative critic of President Obama the morning after he unveiled his jobs plan, the network actually interviewed the President's economic policy assistant. While Sachs went on-air and criticized the Republican plan as inherently flawed, Obama's director of…