Topic: Ronald Reagan

Analysis: Deficit flop turns spotlight on tax reform

WASHINGTON (Reuters) - For the economy to prosper, major tax reform is emerging as a vital ingredient toward lowering the budget deficit and increasing America's competitiveness.Yet the acrimonious collapse last week of talks in Congress to start fixing the budget deficit has ...

Analysis: Tax reform impossible? Reagan did it 25 years ago

WASHINGTON (Reuters) - Tax reform can happen in the United States. President Ronald Reagan and a divided Congress defiantly proved it 25 years ago this Saturday.On both sides of the acrimonious tax debate, no event is held in such awe today as ...

'Underdog' Obama slams Republicans over jobs bill

President Barack Obama attacked Republicans blocking his jobs bill, as deepening political vitriol over the quickening 2012 election campaign flared tempers in polarized Washington.A day after admitting he was an "underdog" in his reelection bid, Obama headed to the Republican heartland of ...
President Barack Obama attacked a top Republican who is blocking his jobs bill Tuesday, as his sliding poll numbers added weight to his self-styled status as the "underdog" in the 2012 election.Obama lashed out at Eric Cantor, Republican leader in the House ...
Americans' enthusiasm for class warfare doesn't run deep.Americans' enthusiasm for class warfare doesn't run deep.President Obama’s proposal to raise taxes on the wealthy may play well to his liberal Democratic base, but it is unlikely to win strong enough support among most ...

Romney's jobs plan is stuck in 1980

Listening to Mitt Romney detail his economic plan in North Las Vegas on Tuesday, I was reminded of the Talking Heads lyric "same as it ever was" from the song "Once in a Lifetime," released in 1980.Same as it ever was, because ...
In 1974 Columbia economics professor Robert Mundell gave an interview to Wall Street Journal editorial writer Jude Wanniski that changed the world. "The most important initiative you could take to improve the world economy would be to stabilize the dollar-euro rate. Stabilizing ...

Determining Your Tax Rate

The Laffer curve, a mound-shaped indicator, was designed to find the "ideal" tax rate that would help the government, as well as the people it serves, prosper. At first glance, this appears to be a rather intuitive state of affairs, but, like ...

Republican Debate (January 30)

/republican-debate-january-30" title="Republican Debate (January 30)">took part in a debate hosted by The Los Angeles Times , The Politico and CNN . "Ronald Reagan would not approve of someone who changes their positions depending on what the year is. What makes you more ...

How Trickle-down Economics Works

Helping to clinch his eventual victory, Barack Obama declared in a 2008 presidential campaign ad, " ?In a nu?tshell, trickle-down theory is based on the premise that within an economy, giving tax breaks to the top earners makes them more likely to ...
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