On the Economy: The Republicansâ Expensive Tax Promise
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Maintaining the Bush tax cuts, as G.O.P. candidates have promised, would require running faster and faster to stay in place.
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Various arms of the federal government swung into action this week to boost the economy. Yet for many, the incentives are not enough.
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The current proposal would boost the wrong part of the economy.
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A tax rebate is at the center of a plan to stimulate a flagging economy.
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Â· Tax breaks designed to help French home buyersÂ· Socialists say rising prices boom will help only rich
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The Republicans have a plank on just about everything. They've taken positions not only on disabled people and hunters, but specifically on disabled hunters. They found 80 different things to "applaud" in their platform, 17 to "hail" and a dozen to "commend."
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Weighing in on a debate about  stimulating the slowing U.S. economy, Republican presidential  contender Mitt Romney called on Friday for a package of tax  breaks expected to cost $250 billion, according to a report by  the CNBC business TV channel.
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U.S. News & World Report - With a presidential election less than 300 days away and the economic expansion listing badly, the White House and Congress are cooking up a recipe for fiscal stimulus. President Bush this morning called for about $145 billion worth of tax relief and other incentives to stimulate a sagging economy and fend off a possible recession. He said a growth package must include tax incentives for business investment and "direct and rapid" tax relief for individuals. Here is the skinny:
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WASHINGTON - With lopsided margins in both houses, Congress gave President Bush his fourth tax cut in four years, extending three popular middle-class tax breaks and reviving some expired business tax incentives just six weeks before the election.    Many Democrats complained during the debate Thursday that majority Republicans who control Congress should have offset the lost revenue to keep the nation's soaring deficits from getting worse...
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With the robust economy, tax revenues are pouring in. But rising costs lie ahead.
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If you want to understand why the Bush administration is pondering eliminating the tax deduction for employer-provided health insurance, consider this year&#39;s Economic Report of the President.
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Having heard the blather or ranting about Red vs. Blue states for some time, I decided that I could check the curious general claim that "Red states are beneficiaries of tax revenue".  Having obtained the data here about year-by-year comparisons of the states, I obtained some results for 2004.  My intent is to identify trends without much partisan bias (BTW, I'm a Nader voter) in an American viewpoint that's not so much grey, but purple.
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A Democratic president would raise taxes and ravage the economy, GOP hopeful candidate Rudy Giuliani said Saturday.
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Following is an outline of the economic positions of President Bush and his Democratic opponent Sen. John Kerry.
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The rich pay a lot of taxes as a total percentage of taxes collected, but they donÂt pay a lot of taxes as a percentage of what they can afford to pay.
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The looming political battle over how to reform the tangled U.S. income tax code could get ugly. But one option, a tax aimed at boosting savings, holds promise.
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Taking on the most sacred cow in US tax policy -- corporate deductions -- is sure to be President Bush&#39;s biggest hurdle. BY MARILYN GEEWAX.