Related Content: taxes

Obama tilts tax debate away from spending cuts

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President Obama surrounded himself with taxpayers on Wednesday to pitch his plan to preserve current rates for the middle class and raise them for the wealthy. A day before, he met with small-business owners for the same purpose. On Friday, he plans to fly to Pennsylvania to tour a factory to make the same point.

Holiday hysteria

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If there is one redeeming feature of the otherwise gutless and indolent sequestration process, it is the underappreciated component of hysteria.

To strike fiscal deal, Obama turns to the public

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President Obama isn’t anchored to a chair in the White House with House and Senate leaders, sweating out a budget deal before Dec. 31 -- not yet anyway. Instead, he’s spending the week meeting with business representatives and other stakeholders before flying Friday to a Pennsylvania toy factory for a photo op to champion middle-class tax breaks.

Cliff notes: Would House Republicans actually vote for a "fiscal cliff" deal that would raise tax rates?

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President Obama is adamant that he will only agree to a “fiscal cliff” solution that raises tax rates on those making over $250,000. The Republicans in the majority in the House of Representatives are adamant that they will not vote for those tax increases—Speaker John Boehner chief among them. I asked a senior House leadership aide the what chances were that Boehner would be able to get a majority of Republicans to vote for a tax increase of any kind: “pretty close to zero.”

INFLUENCE GAME: Tax them, not us, groups say

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A big coalition of business groups says there must be give-and-take in the negotiations to avoid the "fiscal cliff" of massive tax increases and spending cuts. But raising tax rates — a White House priority — is out of the question, the group adds.

Fiscal cliff negotiators are facing high hurdles

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It's entirely possible that lawmakers and the White House will reach a deal that staves off an avalanche of tax increases and deep cuts in government programs before a Jan. 1 deadline. To do so, however, they'll have to resolve deep political and fiscal disagreements that have stymied them time after time despite repeated promises to overcome them.

Senate works on financial cliff options

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As congressional leaders prepare to meet Friday morning at the White House to discuss the looming “fiscal cliff,” much of Washington is focused on the potential for compromise between President Obama and House Speaker John A. Boehner (R-Ohio).

Obama to open talks with $1.6 trillion plan to raise taxes on corporations, wealthy

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President Obama is taking a hard line with congressional Republicans heading into negotiations over the year-end “fiscal cliff,” making no opening concessions and calling for far more in new taxes than Republicans have so far been willing to consider.

Obama vows firm stance on deficit-reduction plan

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President Obama reassured leaders of labor and progressive groups on Tuesday that he will not yield to Congressional Republicans and extend Bush-era tax cuts for the wealthiest Americans as he negotiates for a deficit-reduction plan to avoid looming tax increases and spending cuts.

On edge of brutal ‘fiscal cliff,’ some see an opportunity to end debt paralysis

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Two years ago this month, the leaders of a presidential commission rolled out a startling plan to dig the nation out of debt. After decades of profligacy, they said, Washington must tell people to work longer, pay higher taxes and expect less in retirement.