Page 22 - Tax Notes News Today

long legs. >> i want to bring in our national political economist. we have seen this getting pretty ugly. does this resonate with voters when they hear the back and forth? >> i dont know. i talked to a few voters out there on the campaign trail. every one of them will tell you they hate this stuff. then every expert will say this works. theres a reason why the campaigns are going back and forth and theres a reason why the obama campaign has been ataa attacking mitt romney and his tax r...

But theres a yearning for something simpler and less complicated. and frankly its a little bit like proposition 13, the old proposition 13 from out in california, lawrence. a tax revolt a generation ago that helped propel ronald reagan into the presidency. those were people in the suburbs that benefits from education, roads and everything, but they didnt want to pay money to the next generation of them. thats what it was about. they didnt want it for them. >> howard fineman of "newsweek" and msn...

Government expense and stick you with the bill". and hes now a columnist for the trade journal tax notes. david, sarah palin is complaining. shes complaining today that 47% of households pay no federal income tax. what is she getting at with that as a complaint? isnt that something she should be celebrating? >> i would think that tax cuts promoted by president obama would be popular with her. about one in seven americans who paid taxes the last year george bush was in office didnt pay taxes last...

The economy. lets bring in the columnist for tax notes, pulitzer prize winning journalist david k. johnson. its good to have you with us tonight. >> thank you. >> its interesting, when you look at the republicans, and i want to put up the chart showing what one days worth of bush tax cuts for millionaires could do, and this is where the republicans want to cut. put it into perspective for us. >> well, the proposal that youre seeing is part of a broad pattern here. michele bachmann said she wante...

Old garage now and again to put on small shows by bette midler and cher. mr. anschutz even owns small newspapers, including "the weekly standard." "countdown" has even identified one "s" corp. owner whose reclusive founder and chairman actually works out of these very nbc headquarters in new york. hi. technically, im a small business. as promised, lets bring in pulitzer prize-winning reporter david cay johnston, the author of "free lunch." hes also a columnist for tax notes. david, thanks for yo...

Vote for those $250,000 and below, of course im going to do that. >> oh, you think so? running damage control today, senate republican leader mitch mcconnell said republicans will vote against tax cuts if the rich are not included. he then said he had no idea who john boehner was. connecticut senator -- i made that up -- joe lieberman says he will, too, and four democrats have indicated they, too, including income over a quarter million in the tax cuts. but mcconnells office declined to tell the...

He then said he had no idea who john boehner was. connecticut senator -- i made that up -- senator joe lieberman says he will, too, and four democrats have indicated they, too, including income over 250,000 in the tax cuts. but mcconnells office declined to tell the associated press whether republicans will filibuster. lets bring in david k. johnson author of "free lunch" columnist for "tax notes" and an author on the subject of taxes. thanks for your time tonight, sir. >> thank you. >> so mr. b...

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