Debt Wish: Loop Fiasco
President Obama on Sunday called for closing tax loopholes in order to increase revenue and reduce the federal deficit. But just over a month ago Washington passed a deal to avert the fiscal cliff that included a host of tax breaks for special interests, while forcing every American to pay a little more. So when President Obama says we need to close the loopholes to increase revenue, will these sweetheart giveaways be on the chopping block? Somehow we doubt it.
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
Public Pulse: how to get the economy back on track?
Ever wish polling companies would call and ask what you thought about a major economic issue? Well, here’s your chance. VOTE in our latest Public Pulse poll.
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
America's largest corporation paid $0 in taxes last year
Last week it was revealed that G.E., America’s largest company, pays little to no income tax. The most unfortunate part of all this? It’s 100% legal.
