Taxes

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…

Dr. Thomas Sowell's "'Trickle Down Theory' and 'Tax Cuts for the Rich'" has just been published by the Hoover Institution. Having read this short paper, the conclusion you must reach is that the term "trickle down theory" is simply a tool of charlatans and political hustlers. Sowell states that "no such theory has been found in even the most voluminous and learned histories of economic…

I originally thought that the story of Linda Morrison which will follow after the jump would be all about the Obama campaign completely misreading the situation surrounding a question asked of GOP vice-presidential nominee at a Clinton County, Iowa town hall forum. It turns out that it's actually biased reports from their good friends in the establishment press which led the overeager campaign…

CBS Late Show host David Letterman on Friday accused Republican presidential nominee Mitt Romney of being "a felon." "The man has not paid a nickel in United States federal income tax" (video follows with transcribed highlights and commentary):

On Thursday's NBC Today, in an attempt to deflect from Mitt Romney's strong debate performance, fill-in co-host David Gregory grilled Romney advisor Ed Gillespie on the Governor's tax plan: "...he wants to extend the Bush tax cuts, he wants to have further tax cuts beyond that, he wants to increase military spending and he rejected a 10 to 1 ratio when it came to cutting spending and raising…

Time's assistant managing editor Rana Foroohar could have been mistaken as an Obama campaign flack during CBS's post-presidential debate coverage on Wednesday night, with her claim that "the key issue is, really, taxes, and I think that you have to wonder whether Romney's math adds up." She asserted, "There's a bigger math issue here, and that's whether or not lowering tax rates actually…

A Romney campaign senior adviser blistered CNN's Soledad O'Brien on Wednesday morning, quipping that "I know you have your talking points" before citing an independent study to attack Obama's jobs record. O'Brien later retorted that "Only one person who is spinning at this moment, and that would be you." Romney advisers and supporters could make a habit of mocking Soledad O'Brien's bias on…