tax increase http://mrc.org/taxonomy/term/20445/all en As Gas Prices Tumble, Ed Rendell Calls for Tax Hikes http://mrc.org/articles/gas-prices-tumble-ed-rendell-calls-tax-hikes <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> Democratic former governor tells CNBC it is time to raise federal gas tax. </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 dir="ltr">The dramatic fall of gas and oil prices meant relief for holiday travelers and more money in the pockets of shoppers. <a href="http://www.marketwatch.com/story/households-could-save-1100-from-falling-gas-prices-2014-12-01">MarketWatch</a> reported one estimate of the savings that equated it to a $75 billion tax cut for households.</p><div class='signature'><p>— Julia A. Seymour is Assistant Managing Editor for MRC Business at the Media Research Center. <a href="http://www.twitter.com/BizMediaJulia" target="_blank">Follow Julia A. Seymour on Twitter.</a></p></div><p><a href="http://mrc.org/articles/gas-prices-tumble-ed-rendell-calls-tax-hikes" target="_blank">read more</a></p> Articles MRC Business Energy Government Media Taxes CNBC Ed Rendell gas prices gas taxes infrastructure On the Money tax increase taxes Mon, 08 Dec 2014 20:32:22 +0000 julia.seymour 47807 at http://mrc.org Fiscal Cliff: ABC Talks Taxes 17 Times More Than Spending Cuts http://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://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://mrc.org Networks Lead With Calling Obama’s Tax Hike a ‘Tax Cut’ http://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://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://mrc.org 'Mother of All Tax Hikes' Not Exactly Reaganite Reform http://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://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://mrc.org Post Carries On about Carried Interest and Tax 'Loophole' http://mrc.org/articles/post-carries-about-carried-interest-and-tax-loophole <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; The words “lucrative tax break” or “loophole” conjure up thoughts of dishonesty or underhandedness regarding the tax code. Perhaps that is what the <st1:place w:st="on"><st1:state w:st="on">Washington</st1:state></st1:place> Post intended to do in its August 3 story.</p><p>&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp; Calling it the “most controversial tax break on Wall Street,” the Post promoted the idea of wrongdoing: </p><p>&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp; “[It] is not authorized by any law and was never approved by Congress,” wrote the Post.</p><p>&nbsp;</p><p><a href="http://mrc.org/articles/post-carries-about-carried-interest-and-tax-loophole" target="_blank">read more</a></p> Articles MRC Business Government carried interest congress hedge funds Lawrence Kudlow private equity firms tax increase The Washington Post Warren Buffett Fri, 03 Aug 2007 20:37:30 +0000 admin 25415 at http://mrc.org Major Media Ignore Bush's Veto Threat over Tax Bill http://mrc.org/articles/major-media-ignore-bushs-veto-threat-over-tax-bill <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; A bill that would increases taxes for investors and threaten the <st1:country-region w:st="on"><st1:place w:st="on">U.S.</st1:place></st1:country-region> economy attracted warning of a presidential veto, but no major news coverage.</p><p>&nbsp;</p><p><a href="http://mrc.org/articles/major-media-ignore-bushs-veto-threat-over-tax-bill" target="_blank">read more</a></p> Articles MRC Business Government bloomberg Bush veto capital gains tax investment Larry Kudlow NRO Sander Levin tax increase Washington Post Mon, 02 Jul 2007 20:44:11 +0000 admin 25460 at http://mrc.org