tax hike http://www.mrc.org/taxonomy/term/20444/all en Gas Below $3 in 49 States, Senators Call for Gas Tax Hike http://www.mrc.org/articles/gas-below-3-49-states-senators-call-gas-tax-hike <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> As falling prices poised to be ‘big plus for the economy’ politicians consider ‘option’ of higher taxes. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/joseph-rossell">Joseph Rossell</a> </div> </div> </div> <p dir="ltr">Drivers in every state except Hawaii are now paying less than $3-per-gallon for regular gasoline on average.</p><p dir="ltr">According to AAA, on Jan. 6, Alaska became the forty-ninth state in which gas prices fell below $3-a-gallon. On that day, gas dropped to an average $2.999 per gallon in Alaska, as the national average sat at $2.194 nationwide.</p><p><a href="http://www.mrc.org/articles/gas-below-3-49-states-senators-call-gas-tax-hike" target="_blank">read more</a></p> Articles MRC Business Business Economy Energy Government Politics Taxes AAA Alaska drivers driving gas prices Gas Tax gasoline Hawaii national average gas price tax hike tax increases Tue, 06 Jan 2015 19:35:54 +0000 julia.seymour 47947 at http://www.mrc.org ABC Touts Housing ‘Comeback’ on Day of Confidence Drop http://www.mrc.org/articles/abc-touts-housing-comeback-day-confidence-drop <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> Tax hike makes consumer confidence plummet, evening news shows silent. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>&nbsp;</p><p><a href="http://www.mrc.org/articles/abc-touts-housing-comeback-day-confidence-drop" target="_blank">read more</a></p> Articles MRC Business Economy Media abc broadcast networks cbs comeback consumer confidence David Muir Diane Sawyer economic indicators economic news economy evening newscasts GDP housing housing comeback housing market NBC tax hike Wed, 30 Jan 2013 18:55:34 +0000 julia.seymour 42440 at http://www.mrc.org Five Reasons The Networks Have No Business Covering Business (Or the Economy) http://www.mrc.org/articles/five-reasons-networks-have-no-business-covering-business-or-economy <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> In 2012 alone, from approaching a fiscal cliff to Occupy movement, media proved unable to fairly cover many issues. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>For many Americans, ABC, NBC and CBS are the major source of news on business and the economy. Unfortunately, this is like depending on the middle school student newspaper for information about important local school board deliberations. <br /></p><p><a href="http://www.mrc.org/articles/five-reasons-networks-have-no-business-covering-business-or-economy" target="_blank">read more</a></p> Articles MRC Business Business Climate Change Economy Environment Government Media Taxes 5 Reasons abc BPI bush business cbs Climate Change Diane Sawyer economic recovery economy fiscal cliff Global Warming Hurricane Sandy Jim Avila LFTB NBC networks obama occupiers Occupy Wall Street Pink Slime Rio+10 Rio+20 spending cut steven brill tax hike tax increases taxes Tue, 18 Dec 2012 15:04:05 +0000 julia.seymour 42064 at http://www.mrc.org Fiscal Cliff: ABC Talks Taxes 17 Times More Than Spending Cuts http://www.mrc.org/articles/fiscal-cliff-abc-talks-taxes-17-times-more-spending-cuts <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> All three broadcast networks focus more on tax increases as solution to budget battle. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/dan-gainor">Dan Gainor</a> </div> </div> </div> <p dir="ltr">America is racing toward the Jan. 1 fiscal cliff deadline when tax hikes and spending cuts automatically take effect. But the overwhelming news focus has been only on tax hikes as a solution to the problem. Since the election, ABC News has talked about raising taxes more than 17 times more than spending cuts.</p><p><a href="http://www.mrc.org/articles/fiscal-cliff-abc-talks-taxes-17-times-more-spending-cuts" target="_blank">read more</a></p> Articles MRC Business Economy Government Media Politics Taxes abc Barack Obama Budget cbs David Martin economy fiscal cliff Grover Norquist Jonathan Karl NBC no tax hikes Paul Ryan pledge sequester spending cuts tax cuts tax hike tax increase Wyatt Andrews Mon, 03 Dec 2012 14:00:00 +0000 julia.seymour 41923 at http://www.mrc.org Networks Blame ‘Fiscal Cliff’ On Congress, GOP 16 Times More than President http://www.mrc.org/articles/networks-blame-fiscal-cliff-congress-gop-16-times-more-president <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> ABC, CBS, NBC rely most on liberals, Democrats for coverage of ‘looming’ crisis. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/dan-gainor">Dan Gainor</a> </div> </div> </div> <p dir="ltr">The nation is nearing a “fiscal cliff” of huge tax hikes and major cuts in government. It’s all the result of a <a href="http://www.mcclatchydc.com/2011/07/31/118886/debt-deal-is-close-but-defense.html">debt deal</a> made between the Obama administration and Republicans in Congress.</p><p><a href="http://www.mrc.org/articles/networks-blame-fiscal-cliff-congress-gop-16-times-more-president" target="_blank">read more</a></p> Articles MRC Business Economy Government Media abc AMT Budget bush tax cuts CBC congress fiscal cliff NBC obama payroll tax spending cuts tax hike tax increases Wed, 14 Nov 2012 15:35:40 +0000 julia.seymour 41806 at http://www.mrc.org Cramer Says Recession by Christmas if Fiscal Cliff Not Resolved http://www.mrc.org/articles/cramer-says-recession-christmas-if-fiscal-cliff-not-resolved <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> &#039;Mad Money&#039; host tells &#039;Meet the Press&#039; that without a deal, businesses will lay off workers. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/liz-thatcher">Liz Thatcher</a> </div> </div> </div> <p dir="ltr">CNBC’s Jim Cramer predicted a possible recession by Christmas if lawmakers didn’t step up and make some sort of deal in regards to the looming fiscal cliff. His prediction came during an Nov. 11 appearance on NBC’s “Meet the Press.”</p><p dir="ltr">“We can gift wrap a recession by Christmas. We can set it right into place without some agreement,” Cramer told “Meet the Press” host David Gregory. He attributed that week’s stock market drop to that same lack of certainty.</p><p><a href="http://www.mrc.org/articles/cramer-says-recession-christmas-if-fiscal-cliff-not-resolved" target="_blank">read more</a></p> Articles MRC Business Business Economy Government Media businesses CNBC David Gregory economy Firing fiscal cliff Jim Cramer layoff Meet the Press NBC Recession Spending tax hike tax increases Mon, 12 Nov 2012 21:29:01 +0000 julia.seymour 41788 at http://www.mrc.org Networks Lead With Calling Obama’s Tax Hike a ‘Tax Cut’ http://www.mrc.org/articles/networks-lead-calling-obamas-tax-hike-tax-cut <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> President’s plan would raise taxes on wealthy in 2013, and everyone after one year, but ABC, CBS and NBC favor tax-cut talk. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>President Obama announced his plan to hike taxes on people making more than $200,000 and families making more than $250,000 by allowing the Bush tax cuts to expire. But that wasn’t the way the three broadcast networks framed the story on July 9 and 10. Instead, 87 percent of the stories started off by calling the action a “tax cut.” Twenty-five percent made no mention of tax increases at all.<br /></p><p><a href="http://www.mrc.org/articles/networks-lead-calling-obamas-tax-hike-tax-cut" target="_blank">read more</a></p> Articles MRC Business Business Economy Government Taxes abc Barack Obama Brian Williams bush tax cuts cbs class warfare David Plouffe Diane Sawyer Mitt Romney NBC obama Robert Gibbs Tax Cut tax hike tax increase tax plan taxes Thu, 12 Jul 2012 19:45:25 +0000 julia.seymour 40621 at http://www.mrc.org 'Mother of All Tax Hikes' Not Exactly Reaganite Reform http://www.mrc.org/articles/mother-all-tax-hikes-not-exactly-reaganite-reform <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>&nbsp;&nbsp;&nbsp;&nbsp; When is “tax reform” really an enormous tax increase that could cause the middle and lower income to lose jobs?</p><p>&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liberal Democratic Congressman Charles Rangel (D-N.Y.)&nbsp;has called his new tax plan the most comprehensive tax reform since 1986, even comparing it to the Tax Reform Act President Ronald Reagan signed into law in 1986. But some consider that disingenuous.</p><p>&nbsp;</p><p><a href="http://www.mrc.org/articles/mother-all-tax-hikes-not-exactly-reaganite-reform" target="_blank">read more</a></p> Articles MRC Business Government alternative minimum tax American Morning Charlie Rangel CNN Dana Bash Los Angeles Times National Tax payers Union punish the rich tax hike tax increase tax reform Wall Street Journal Fri, 26 Oct 2007 20:16:34 +0000 admin 25274 at http://www.mrc.org