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Now, 40 years since its founding, The Martha’s Vineyard Times once again doubles down to its news-gathering overwatch on Islanders’ behalf. And once again, although a new crowd is at the controls, the job is the same, and it is a familiar one. Newspapering is comfortably at home on Martha’s Vineyard. And because Islanders are […]
Plan. cut the top tax rate for corporations from 38% to 25% and eliminate taxes on cal tal gains dif vendsvidends and inherited estates and reduce tax brackets from seven to two from 35% and 15% and new tax credit up to $25 per child. "with this proposal, senator rubio makes himself the party's most visible ally of the new republican idea that the reagan tax-cutting plan and now must redistribute revenue directly to middle class families it's not clear how candidate rubio would hope to have a payoff." it's out there. it's tax day. charles lane, opinion writer for the washington post and charle...
Said but far more negatively and with passion. it's like a guy who robs a bank and says i left behind a few of the bags. what he did with the deficit is completely unprecedented. a trillion and a half. we've never come close to that. and of course it was reduced because it was entirely unsustainable. that's an empty boast. and still the level he's at now is high in pre-obama days. he talks about it as if easy limb nated the deficit. up next what is russia up to?
Of support from senator mike lee who is backed by the tea party and conservative side of the party. listen to president obama today on tax day and we'll get a quick reaction from the panel. >> if you listened to some of my political critics, they always want to paint me or the democratic party as this tax expand and irresponsible and let me say this. since i came into office, the federal deficit has come done by two-thirds. it hasn't gone up. >> charles? >> i'm sorry but i didn't hear that and perhaps you could give me a break. >> wow. we'll come back to you. >> yeah. >> because i thought you ...
season generates about $300 billion in refunds each year. the average refund is around $2800. the irs is conducting fewer audits these days and answering fewer phone calls. congress has cut more than $1 billion from the agency's budget since 2010. we begin tax day coverage with correspondent peter doocy. >> if you needed help from the irs today, too bad. wait times are sky high on tax day 2015 and the irs chief claims his agency doesn't have enugh cash to help everybody who calls in and he's blaming budget cuts that came after his employees got caught targeting conservatives. now sen...