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Sec. Yellen is asked about Biden's plan to raise taxes for Social Security. She doesn't have a clue, but is in charge of it.

Fox News anchor Sandra Smith criticized New York City for driving earners out during a Friday segment of “Outnumbered.” Smith noted that while many businesses, primarily restaurants, remained shuttered due to the coronavirus pandemic, taxes were still rising on top earners. Coupled with dramatic spikes in crime rates, she said many who could afford to leave the city might do so... For anybody who has been in New York City during the pandemic up ’til now, it is, I mean, we sound like a broken record talking about it but businesses are boarded up restaurants are closed, crime is spiking....

---snip--- The saga of Philadelphia’s soda tax war is about more than arcane tax policy, and it’s about more than who may be up and who may be down in this year’s mayoral election. It really gets to a big philosophical question: Just what does it mean to be progressive nowadays? Mayor Kenney and his allies speak the lingua franca of progressivism, but when what you hold up as your signature accomplishment is a tax, as opposed to the program it might fund, and when that leads to the expansion of a food desert in a city with the worst...

Republicans in the House of Representatives are inadvertently setting a nasty political and economic trap for Donald Trump. Yes, it’s the Republicans, not the Democrats, who are ready to administer an unnecessary black eye to the new President. That’s not their intention, but it manifestly will be the result. There has been virtually no debate or public discussion about this new, horrible tax. The vehicle for this unwitting GOP punch is a new exaction called the border adjustability tax. This levy will cost American consumers at least a trillion dollars over the next ten years. Knowing how Washington politicians calculate...

Kennedys honor George H.W. Bush's ‘read my lips’ flip-flop with Profile of Courage award The Kennedy foundation is praising George H.W. Bush for risking “his reputation and ultimately his political career by forging an important compromise on the budget in 1990.” Jack Schlossberg, President Kennedy’s grandson and a Yale University student, will present the award to Bush at a ceremony in May. George H.W. Bush’s epic “read my lips: no new taxes” promise cost him a second White House term, but it’s earning him a 2014 Profile in Courage award from the Kennedy clan. Despite his fervent pledge against a...

Republicans are voting at a higher rate throughout most of Colorado's counties, even in Democratic strongholds like Denver and Boulder counties. Based on data provided Tuesday morning by the Secretary of State, 83,662 more Republicans than Democrats had submitted their ballots early. That data doesn't account for any ballots dropped off Tuesday or those completed and submitted at a polling place.

Colorado election results. Amendment 66 is trying to change taxation laws in CO, a lot of out of state money poured into the campaign for raising taxes (Bloomberg, Gates). 2 of 64 counties reporting Ballot Question Vote Choice Percent Votes Amendment 66 (Raise Taxes in CO, changing State Constitution) Yes/For 34.76% 185,787 No/Against 65.24% 348,716 Proposition AA (Tax Marijuana at 15% excise and 10% retail) Yes/For 65.18% 345,008 No/Against 34.82% 184,295

With the US economy suffering through its deepest slump since the Great Depression, the Obama administration has designed a political strategy to match, with echoes of the campaign rhetoric deployed by Franklin Roosevelt in the 1930s. Throwing out the standard presidential playbook dictating an aspirational pitch to centrist voters, the White House is cementing a high-risk message that strikes firmly at wealth and privilege.

Forgive me for asking…but what is so wrong about raising taxes to some negotiated extent on the most wealthy taxpayers in the US? While I know this question violates conservative orthodoxy, there are a lot of folks in the US who make a lot of money…some of it easily earned (inherited), some of it by talent (professional athletes), some of it by luck (actors and lottery winners) and some of it by a lot of hard work and perseverance. Now I agree that $250,000 is not the place to start, but maybe 5 million (or some other negotiable figure and...

A brief comment from a liberal Moveon.org member, identified by the Vancouver, Washington newspaper, the Columbian as Tom Scharf, 64 on raising taxes. March 24, 2011 outside of the Vancouver, Washington office of Washington 3rd Congressional District Representative, Jaime Herrera-Beutler. Just one comment from their "Defend the Dream" rally. YouTube Video

House, Senate Dems break from Obama's tax policy for wealthyBy Bernie Becker - 03/20/11 06:00 AM ET Democrats in both chambers of Congress are pushing for legislation that would raise taxes on millionaires, breaking from President Obama who has long endorsed tax increases for families making more than $250,000. The strategic shift comes as lawmakers on Capitol Hill are beginning to discuss tax reform, and are poised once again to engage in the debate over whether the Bush-era tax rates should be extended. In an interesting development, liberals are calling for taxes to be raised on people making more than...

WASHINGTON -- House Speaker Nancy Pelosi has scheduled a vote Friday on a sprawling climate-change bill, signaling the Democratic leadership's confidence that it can overcome objections from Farm Belt Democrats.

A Democratic lawmaker in New Mexico wants to tax televisions and video games to raise funds to fight childhood obesity and improve education in the state, officials said Friday. "I have asked our legislative council service to prepare the "Leave No Child Inside" bill and am hopeful that it will be ready for me to introduce on Monday," educator-turned-lawmaker Gail Chasey told AFP. "Leave No Child Inside" -- a play on the federal education initiative "No Child Left Behind" -- is backed by grassroots environmental group, the Sierra Club. "The bill proposes levying a one-percent excise tax on the purchase...

As the Democratic presidential candidates gather in Washington to make their pitch to party activists this week, "liberal" is suddenly no longer a dirty word. In recent months, virtually the entire Democratic field has tacked left -- not just on the Iraq War, but on health care, taxes, energy issues and gay rights. In each of those areas, much of the field is standing to the left of where Sen. John Kerry, D-Mass., stood in 2004, when President Bush lampooned Kerry as a "Massachusetts liberal." "They're responding to the reality of the primaries, where the center of gravity is far...

Got a call from my brother in the Bay area, telling me that he saw some people circulating 2 petitions. Petition 1 was a petition to raise the cigarette tax another 7.5cents. Petition 2 was a petition to raise taxes on everyone making over $400,000 to pay for "free" pre-school. He wants to know if anyone knows about these petitions and who is circulating them? He's working now and is not able to go online. If anyone has any information on these or any other CA petitions being circulated, please post it here. Thanks in advance.

  RAISING TAXES, YOU POOR SLOBS + TERESA'S 11.5% TAX RATE(LAISSEZ-LES MANGER LE GÂTEAU) POURQUOI JOHN KERRY EST DANGEREUX POUR L'AMÉRIQUE by Mia T, 10.13.04   RAISING TAXES, YOU POOR SLOBS + TERESA'S 11.5% TAX RATE(LAISSEZ-LES MANGER LE GÂTEAU) (viewing movie requires Flash Player 7, available HERE) COPYRIGHT MIA T 2004   election update!JOHN KERRY IS UNFIT~THE SERIES THE LETHAL DANGER OF JOHN KERRY: SPACE-TIME, TESSELLATIONS OF THE PLANET + TERRORISM Kerry aims for 9/10, the good old days when terrorists were a "NUISANCE" and "not the focus of our lives"DEBATE 2: Bush KOs Kerry(The Lethal Danger of Kerry-Edwards...

SIOUX CITY, Iowa (AP) - Trying to energize the electorate in heavily Republican western Iowa, President Bush hammered home the message Saturday that voters must keep rival John Kerry out of the White House because the Democrat will raise taxes on the middle class. "We've still got about 80 days to go in this campaign and the fellow I'm running against has already made about $2.2 trillion of new promises" on federal spending, the president told thousands of supporters on the 14th trip of his presidency to Iowa. Bush lost the state by a little more than 4,000 votes four...

Ronald Reagan did some fine things, but the economic theory that bears his name was not one of them. Reaganomics made the world safe for today's reckless tax-cutting. And the public hardly understands the social upheaval these policies will soon unleash. Reaganomics held that cutting taxes and reducing the size of government would let loose the nation's entrepreneurial juices and lead to economic growth. Note that the theory comes in two parts. The fun part is cutting taxes. The not-so-fun part is reducing government. Do the first part without the second, and you end up with budget deficits and an...

<p>In a series of media interviews this week, Gov. Arnold Schwarzenegger has hinted he might look at a tax increase to deal with the state's continuing budget crisis. Maybe he's just playing political games to throw the Legislature's tax-addicted Democratic majority off balance.</p>

SACRAMENTO (AP) -- Gov. Arnold Schwarzenegger hinted that raising taxes may be unavoidable, acknowledging he is under extreme pressure to increase the state's revenue to offset a $14 billion budget shortfall. Schwarzenegger, who has opposed new taxes, said on Tuesday it would be "wishful thinking" to assume the state would not increase taxes. "I'm going through wishful thinking that I'll never have to go there," Schwarzenegger said. "Because I just don't like it. I try to work around and find ways so we don't have to do that. So that's the stage I'm in right now." He said increasing taxes...