The latest news on tax cuts
The Senate tax plan does nothing to address excessive spending.
Tax increases are not the way to combat the deficit.
The economy did pretty well the last time tax rates were higher, during the 1990s boom years.
The U.S. economy can’t handle tax increases.
Democrats need to stay strong on tax increases for the rich, and Republicans need to realize they must compromise.
Different provisions that could boost federal revenue could hurt state and local economies.
WASHINGTON (AP) — President Barack Obama and Republican rival Mitt Romney are clashing in a reinvigorated election-year debate over tax fairness, with both sides claiming their position is best for a struggling middle class.
Economists say a combination of tax cuts and more spending are needed to stimulate the weak economy.
Less federal spending means more private-sector spending, where more jobs originate.
The Republican budget will increase the tax burden on the middle class.