Tax Rate

The Private Sector added 103,000 new jobs in December and the Unemployment rate fell from 9.8 percent to 9.4 percent. "Now, we know that these numbers can bounce around from month to month. But the trend is clear," said the president, whose 2012 …

WASHINGTON (Reuters) – The U.S. tax code is "ripe" for reform and fixing it will be a top priority for Democrats this year, Senate Majority Leader Harry Reid said on Thursday. Both parties agree the voluminous tax code needs a re…

The White House, congressional Republicans and business groups are moving from different directions toward a consensus that the U.S. corporate-tax code needs a fundamental overhaul. Specific proposals for retooling the complex corporate-tax system…

As we watched the ball drop on New Year’s in New York, Canadians watched its Corporate Tax rate drop to 16.5%.  Meanwhile, Corporate Tax in the U.S. stands at 35%, among the four highest Corporate Tax rates on the globe. So what are we …

Austerity, Democrat Style by digby A new era unfolds in California: Brown... wants to slash virtually every state-funded program to help balance California's massive Deficit, in many cases resurrecting cuts sought by Gov. Arnold Schwarzenegger …

At the very start of the "Reagan revolution," David Stockman exposed the myth that Ronald Reagan and the modern Republican Party are dedicated to Small Government. In 1981, the 35-year-old Stockman gave up his Michigan seat in Congress to become …

Back in the days of George W. Bush’s presidency, Charles Krauthammer discovered a new mental illness:  Bush Derangement Syndrome.  Krauthammer defined the disease as “the acute onset of paranoia in otherwise normal people in …