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Issue

Economy

News Taxes Monday, Dec 19 2011

ABC News: Mitt Romney's Blind Trust Not So Blind

On December 19, 2011, ABC News reported:

But government ethics experts and election lawyers told ABC News that Romney's trust might not be quite as blind as he has long maintained. That's because Romney placed his quarter-billion dollar family fortune in the hands of his personal lawyer and longtime associate Bradford Malt.

News Economy Health Care Monday, Dec 12 2011

VIDEO: Romney's Washington Examiner Editorial Board Interview – Best Of

Last week, Mitt Romney spoke at length with the editorial board of the Washington Examiner. American Bridge compiled a video of the best moments. Take a look.

News Economy Thursday, Dec 1 2011

Journal Sentinel: Thompson announcing at firm receiving stimulus money

On December 1, 2011, the Milwaukee Wisconsin Journal Sentinel reported:

Former Gov. Tommy Thompson hasn't been afraid to attack others for backing President Barack Obama's controversial stimulus package. [...] So isn't it odd that Thompson is officially launching his bid for the U.S. Senate today at a company that directly benefited from the Recovery Act?

News Economy Friday, Nov 18 2011

TPM: How Mitt Romney Revived A Scandal-Plagued CEO’s Career

On November 18, 2011, Talking Points Memo reported:

In this particular case, however, Romney’s business experience really was instructive. As an executive at Bain Capital he faced a similar situation in the private sector with a businessman whose successful career had been derailed by a sex scandal...

News Economy Friday, Nov 4 2011

NY Times: For a Close Aide to Herman Cain, Scrutiny Comes on Two Fronts

On November 3, 2011, the New York Times reported:

But it is Mr. Block’s role helping Mr. Cain get his campaign off the ground that may pose just as great a challenge. A nonprofit group that Mr. Block ran contributed to the start-up of Mr. Cain’s presidential run, serving as a conduit for possibly illegal contributions. The campaign said it had asked an outside lawyer to review the allegations...

News Taxes Friday, Nov 4 2011

Des Moines Register: Iowa Poll: Many think Cain’s 9-9-9 plan would help them

On November 4, 2011, the Des Moines Register reported:

Two-thirds of likely Iowa Republican caucusgoers earning less than $50,000 a year believe they personally would be better off or in the same situation under Herman Cain’s 9-9-9 tax plan, The Des Moines Register’s new Iowa Poll shows. Research-group reviews of the plan have found that most families making $100,000 or less would pay thousands of dollars more each year. [...] The bottom line: A family with an income level of $40,000 to $50,000 would pay $3,407 more a year in taxes, while families making $500,000 to $1 million a year would pay on average $80,315 less, according to the Tax Policy Center...

News Taxes Thursday, Nov 3 2011

Des Moines Register: Michele Bachmann’s ‘tax the poor’ plan won’t be flat or simple

On November 3, 2011, the Des Moines Register reported:

Michele Bachmann wants everybody to pay taxes — even the poorest Americans. [...] Bachmann didn’t offer many details about her proposal, but it seemed she was suggesting she’d accomplish this through the income tax. But she didn’t explain how she’d charge an income tax on people who have no income.

News Economy Jobs Wednesday, Nov 2 2011

Texas Tribune: UT/TT Poll: Most Texans Don't Credit Perry on Economy

On November 1, 2011, the Texas Tribune reported:

A key part of Gov. Rick Perry's pitch to Republican presidential primary voters is the performance of the state's economy — especially in job creation — during his tenure as governor. But Texas voters, for the most part, are more likely to see him as a bystander to the state's success than its driver, according to the new University of Texas/Texas Tribune poll.

News Taxes Thursday, Oct 27 2011

AP: Flat tax renews fight on ‘trickle-down economics’

On October 26, 2011, the Associated Press reported:

The flat tax is making a comeback among Republican presidential candidates. But it faces tough opposition in Congress because it tends to favor the rich at the expense of other taxpayers, renewing an old debate about “trickle-down economics.’’ Most of the top GOP contenders — Mitt Romney’s an exception — offer a variation of the tax plan in which everyone pays the same rate. Businessman Herman Cain has his 9-9-9 proposal, and Texas Gov. Rick Perry unveiled a 20 percent flat tax on income this week. Even Romney foresees a flatter tax system in the future, though he favors something closer to the current setup in the short term...

News Foreign Policy Trade Friday, Oct 7 2011

Las Vegas Review-Journal: Pollster to Berkley: Heller vulnerable on China

On October 6, 2011 The Las Vegas Review-Journal wrote:

 U.S. Senate hopeful Shelley Berkley could have a winning issue on her hands by continuing to pound China over its currency manipulation, according to her advisers based on their polling. A memo to Berkley from pollster Mark Mellman provides an answer to why the Las Vegas Democratic congresswoman has been all over the issue this week as a China bill is being debated in the Senate.

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